KAR 0.27% $1.84 karoon energy ltd

where are we going?, page-20

  1. 571 Posts.
    Stevo,
    I did not right that post without reading it. In context, you are correct that KAR would have programmed this hole wkll before Gracie, which had to be drilled to eet commitments. I believe though that they would leave the most liely holes until last. I should have worded it:
    "This will be a very strategically planned hole to define the field which should have a side benefit of boosting or at least stabilising the SP."
    This is what I believe that it will achieve. I would be very surprised if KAR would leave high risk holes until the end. I am expecting some strong SP volatility in the coming weeks. I expect some +/- 5% to 10% days.
    Jimmyoz
    Mt Somewhere re readng wat I have written this time.
 
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