CVN 0.00% 19.5¢ carnarvon energy limited

Wow... $7M worth of shares changing hands ...something is...

  1. 624 Posts.
    lightbulb Created with Sketch. 301
    Wow... $7M worth of shares changing hands ...something is definitely happening , out with the impatient shareholders ... and in with the smart money i guess and .I bet.....we will have to wait and see...
    I have been here for a while now , and i am looking at the bigger picture.....I am not selling...because IMO, CVN selling 10% share in Dorado project and Cashing up will be a smart move from the board of Directors,
    The Board of Directors have engaged Auzer Capital as advisers on the deal, and as part of the deal Auzer Capital primary job will be to arrange debt financing loan for the Dorado project...
    So IMO the risk factor for the Dorado project now going forward is ZERO, CVN will have the money needed to complete its partnership deal with Santos.

    DYOR
    GLTALSH

    256lith https://hotcopper.com.au/data/attachments/5135/5135864-e668ba24f360f12bb04f90b328847b25.jpg



 
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