CVN 0.00% 19.5¢ carnarvon energy limited

I have been keeping an eye on CVN for years. On face value,...

  1. 20,366 Posts.
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    I have been keeping an eye on CVN for years. On face value, relative to it's historic price it's seems cheap, however my concern is the current production ( of lower priced oil) plus shares on issue may mean this is fair value. I guess my question is there seems to be a disconnect between reserves and production.
    Peoples thoughts appreciated.
 
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