CVN
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2.50% 19.5¢ carnarvon energy limited

Ok, who out there is good at deciphering this result?According...

  1. woodgnome
    744 Posts.
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    16/03/09
    21:47
    Post #: 4909967
    Ok, who out there is good at deciphering this result?

    According to their last investor presentation, current 2P reserves are 11.4 mm bbls, so I assume CVN's 2P will also rise 47% - this takes it to approx 17 mm bbls. Is this above or below market expectations I wonder??
    CVN Price at posting: 29.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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