CVN 4.76% 22.0¢ carnarvon energy limited

I thought Dorado CAPEX was $2bn so CVN share is $400m. A few...

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    I thought Dorado CAPEX was $2bn so CVN share is $400m. A few holes at Parvo, Apus and Buffalo could be $20m-$30m at a guess (CVN share). Buffalo CAPEX $150m but hopefully JV will give CVN free or low cost carry. Then there's OPEX and head office costs until cash flows from Dorado but I reckon any lender would want their money back first.

    So a lot of cash required but as I said I'm very happy to be wrong.
 
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