The FID is not scheduled until late CY25.
A lot of commodity resources exist but are uneconomic due to cost of development. Neon looks a goer but the CE stage will provide further de-risking, in that regard. Perhaps resource upgrade as well.
In the FY23 results conference call, Dr J spoke of the BOD's interest in farming out Neon development, even if it meant holding a minority interest. I noticed he revisited this in the TY23 conference call.
I reckon the real value reveal for KAR will come when the Instos recognise a higher future Oil price than the $60 they currently factor in.
I notice even the US Dept of Energy are getting a dose of reality in their quest to refill the SPR. Where in '23 they said they would pay no more than $67WTI, they relented to $72 and then $79 and last week Jennifer Granholm spoke of purchasing at $82.
The Saudis said their ideal price is $95 for Brent.
- Forums
- Charts
- KAR - Chart
The FID is not scheduled until late CY25.A lot of commodity...
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.94 |
Change
-0.025(1.27%) |
Mkt cap ! $1.554B |
Open | High | Low | Value | Volume |
$1.95 | $1.97 | $1.92 | $10.36M | 5.319M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 82294 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.94 | 1610 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 82294 | 1.935 |
6 | 144546 | 1.930 |
7 | 102846 | 1.925 |
7 | 64095 | 1.920 |
4 | 70600 | 1.915 |
Price($) | Vol. | No. |
---|---|---|
1.940 | 1610 | 1 |
1.945 | 5232 | 1 |
1.950 | 84912 | 45 |
1.955 | 10072 | 2 |
1.960 | 77010 | 6 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
$1.95 |
  |
Change
-0.025 ( 2.05 %) |
|||
Open | High | Low | Volume | ||
$1.94 | $1.97 | $1.92 | 2682586 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
KAR (ASX) Chart |