CVN 2.50% 20.5¢ carnarvon energy limited

Yes we all know that, and like you stated( the risk is to great...

  1. 2,532 Posts.
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    Yes we all know that, and like you stated( the risk is to great and Cvn doesn’t have the experience or resources to manage a marine production system split between two countries) Qoute yourself. My question to you is (who does then ) ? and is the board or The Director in your opinion able to progress any developments in the future and with the $100 odd million in the bank I would come to the conclusion that Cvn management know full well what they are doing I read all announcements and reports and have owned this stock for a few years now.Im starting to wonder myself ?At some of the posts as your suggestion to drill other prospects instead of Buffalo well I’m up for chucking in as many wildcats as we can and I reckon that we might get 4 or 5 in for the cash we have but then again, that’s a risk to great so I will place my money behind the management for the foreseeable future they have done a great job so far imho No offence intended
 
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