KAR 0.69% $1.82 karoon energy ltd

Ann: Brazil Resources Conference, page-2

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    Further M&A appears to be in play, perhaps in the next 12 months. I'd wonder if Neon can be brought forward at all or perhaps a partner might be brought in. Cashflows will be significant over the next 12 months, hopefully some is returned, but natural decline offsets & further growth (either via WhoDat or elsewhere) would make this an even better play than it already is.
 
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