KAR 0.28% $1.76 karoon energy ltd

time to show the face, page-122

  1. 2,930 Posts.
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    i think many would support your view avemaria.

    But its at time like this is when some thing turns around. We have seen the share eroded with some bad luck and some bad management decisions. other forces have driven it way past its value. re assets and future developement.
    i keep some faith as in the past they did do it right and feel they want to again. so at stage many feel as you do. and also some see its value. be it a T/o C/r Or asset sale of farm out of sorts its a move that has to be made to move on. no cash no future work.
    they are after all explorers and to drill holes need cash. still the same as it always was and will be. drilling has risk as we all know.

    so this is now and now we are on the low cycle of events. any move to improve its situation to continue its work must be an improvement. we just cant keep letting the vultures prey on it longer.
    i will stay for what i feel its worth as we seem all to be doing being we have no choice or we still see upside from 2.46.

    hope they get it right for those that had faith and lost it.

 
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