CVN 0.00% 19.5¢ carnarvon energy limited

Hi JesseWhen I met with the RIA boys a about 6 months ago it...

  1. 6,650 Posts.
    Hi Jesse

    When I met with the RIA boys a about 6 months ago it appeared to me that the only reason they did they farmin into TAP area was so that they could use that landholding to enable them to float an oil company on the ASX. They were quite negative about the potentail.

    This may have changed (let me know why it has please) and I wish you luck with them as evey oil stock has it day.

    For me a company drilling wells unlike RIA or BKP has to have more possible upside.

    CVN with it risk, see my post regarding derisking is by far the better play.

    cheers

    PC43





 
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