KAR 3.03% $1.44 karoon energy ltd

why buy kar now ?, page-69

  1. 1,725 Posts.
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    Cato on what planet would selling 15% of Poseidon for a miserable 300 mill be considered good news?(15% of 7tcf is worth at least 800 mill and yes I know 7tcf is not yet p3 but the currently funded drilling program barring disaster WILL comfortably prove that up). So let us hope for a Peru jv (market currently gives Karoon 0 value), Grace/elvie jv (market currently values at less than 0), Carnarvon jv (market currently values 0) or conversely a reasonable figure for santos or Poseidon.
 
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