KAR 2.81% $1.83 karoon energy ltd

technicals look superb, page-126

  1. 6,162 Posts.
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    the old chestnut hmmmmmmmmmmmmm..

    What has WPL's investment decision go to do with KAR/petroChina/ CoP's Gas and condensate in the Browse?

    It wouldn't shock me ...seeing though you are all over it that WPL complete their 8well Pluto program and then after that decide where the most Gas and condensate lie and work out Production characteristics that fit the finds after that!!!!!! Browse may lay dormant for 5 years who cares who knows not our GAS to worry about.

    So again after reading everything to do with all of this for years...tell me again what WPL's decision today has to do with KAR/ Cop and PetroChina.

    Oh of course CoP own a plant in Darwin that requires a pipe they have the infrastructure and the room to develop to take more Gas trains...but of course they were going to pump to JPP weren't they pay WPL for the asset build and the the production their...why would they use their own facility...silly me!!!!!!!


    WPL can take and do whatever they want..........it never was and never would effect KAR's Gas.....

    It also added a billion dollars to WPL's market cap this morning so investors were pretty happy with the decision...in it's simplest terms if this decision was going to have a parlous effect on us and WPL using your definition of no time frame etc etc....why did the market react so positively...surely KAR should have gone up the equivalent?

    I'll take the requisite chill pill when you give me something of BENEFIT to the discussion!!!!!!!!!!
 
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