CVN 3.13% 15.5¢ carnarvon energy limited

Santos spells out its plans - big on Dorado, page-183

  1. 1,228 Posts.
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    Looks like 2 opposing camps developing here. Those that want to go it alone on Buffalo and those that want to farm out a share to help fund it and focus limited resources on Dorado. It's a healthy debate with no right answer. IMHO the former (B10) has more risks but a successful outcome would be another company maker (I am a true believer but my confidence is at around 65%) and boost the SP in the short term. Dorado is the less risky and a more certain option. It's simply awesome but time is the issue. SP improvement is further down the track. IMO CVN's DNA is exploration but after a few near death experiences I'm a bit gun shy after riding this bucking horse for a long time. Let's see what management do. 2020 will be an exciting year. Strap yourself in for an exciting ride.
 
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