KAR 4.92% $1.92 karoon energy ltd

proteus announcement, page-34

  1. 790 Posts.
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    Informative posts Austin, thank you. I know there has been some frustration with this stock in recent months, but the sense I have is that it is a keeper - if one can afford to wait a bit.

    I will check out the full presentation in due course. But can you tell me, was there any hint at all about a likely timescale for first production (regardless if whether by KAR or by someone else)? Or is that not a reasonable question at this stage in the game?

    I am a bit more familiar with mining than O&G, and in mining you don't really get much credit for proving up reserves until the market can see that production is on its way.

    Cheetah
 
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