Carnarvon on Dorado track

CARNARVON Petroleum’s annual report finds an after tax loss of just over $8 million for the financial year ending June 30, compared with financial 2018 profit of $1.4 million. It had cash and equivalents of just under $74 million, compared with $63 million the year before.

Carnarvon on Dorado track Carnarvon on Dorado track Carnarvon on Dorado track Carnarvon on Dorado track Carnarvon on Dorado track

 

During the year it raised $47 million after fees via a placement to sophisticated and institutional investors, which will provide more funds for its appraisal and exploration work, as well as

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