KAR 1.63% $1.81 karoon energy ltd

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  1. 1,366 Posts.
    "Jovanco, would like your thoughts on the position of KAR today vs that of 4 years ago? "


    Our position is clearly superior in terms of what product we actually have or are likely to have. Our drilling succes rate is unheard of for most companies in terms of targets identified and the hit rate. We have also secured a second major partner to help with costs in the Santos. Clearly the KAR's position in terms of it's assets is superior, but the market conditions aren't conducive to risky resource stocks atm. There is no appetite there.
 
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