CVN 0.00% 19.5¢ carnarvon energy limited

Santos spells out its plans - big on Dorado, page-40

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    Are you actually saying that if CVN cash flow was to start in say 3 months the share price would be the same as it is now? I find that very hard to believe and certainly think investors are very interested in cash flow. That's maybe why good oil/gas companies with cash flow are generally doing better than those with nil cash flow but good proven undeveloped reserves.
 
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