CVN 1.52% 16.3¢ carnarvon energy limited

I agree 9876, they can't actually SELL these additional flows at...

  1. 744 Posts.
    I agree 9876, they can't actually SELL these additional flows at the moment, so a muted reaction was always on the cards. The hand break will be released once production licence issued, transport issues resolved, and reserves estimate updated. None of this is 100% guaranteed to be ticked off to everyones satisfaction, but if it is then watch out!

    Also, a lot of profit taking. Been some big gains this year, so can't blame people locking in some profit.

    I love that they are aiming at 20,000bopd, but what then? Someone needs to ask whether the current refinery is going to be big enough ;-)
 
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