KAR 3.03% $1.44 karoon energy ltd

never fails , page-6

  1. 6,162 Posts.
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    William,

    I am (trying) to refrain form too many comments on the KAR cult that i am in...but your post struck me and because i know you are young and naive i thought you deserved the benefit if my vast wisdom...you know the same wisdom that has seen me not sell a share when the SP has been over $10 - so please use it as Financial Advice i dare you ( hahaha)..

    'Can't hang on forever' you extolled - i reckon I'm into my 8 year or so ..don't want to count because it is like opening a horrible festering wound.... i guess you have been in a year or so???

    If you could / can point me into a stock that has better reason to be in in 2014 I would be with you and be happy to be out 100%..but the more I consider everything, the more I draw the conclusion that I am not sure there is one?

    1) Finalise Browse with Resource upgrade 2014
    2) JV partners ( trying not to laugh when i say the next bit ) imminent in 2014 in Peru, Brazil, Browse and perhaps even Grace - long shoot but the others aren't.
    3) Drill Kangaroo West
    4) Drill a hole or two in Peru fully funded.
    5) After unearthing final Browse results - we sell Browse in it's entirety for say 2 billion?

    We now have a few hundred million from Peru , few hundred million from Brazil in JV's 2 Billion form sale of Browse and a spare hundred odd in the CBA earning interest.

    We need about 1 billion of that.... so i see a dividend being paid back of around $1 minimum per share to the long suffering shareholders!!!!!!!!

    Long suffering shareholders need a drink from the profit trough billy!

    Alas my medicine has just been handed to me gosh this Dr looks a lot like Jim Jones... do we call it cool aid in Australia..i thought it was cordial!!!!!!!!!!!!!

    HELP!!!!!!!!!!!!!!!!!!!!!

 
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$1.44
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