CVN 10.8% 16.5¢ carnarvon energy limited

time to pay up, page-24

  1. 2,619 Posts.
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    originally posted by neo999

    "All ramping aside, from what I see right now 38c is support, 47c is resistance, 50c is POSSIBLE upside and if new significant new production is achieved 65c is POSSIBLE upside.
    "

    I think thats a reasonable analysis the situation. I'll be a little more bullish and say we should already be at 50 based on current production and good testing at NS2-D1 will take us to 60's.
 
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