CVN 0.00% 16.0¢ carnarvon energy limited

production to increase significantly , page-2

  1. 356 Posts.
    probably because we are heading to sub 50c again.
    The big boys will love this, watch the major dumps tomorrow to hit all those stop losses and nervous nellies.
    With no news for about 2 weeks this will fall substantinally

    Its lucky we'll have 3 rigs operational shortly .. with that sort of fire power we are bound to hit something "substantional" soon .. cant keep issuing dud announcements forever (that,s how this will be percieved}

    With over 3000 bopd and 50 million (by now) in the bank you'll be amazed how cheap this will get over the next week.

    So it's back to a LONG term view for this again.
    I won't be selling thats for sure

 
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