KAR 1.94% $1.84 karoon energy ltd

Ann: Pharos-1 Progress Report No 2 , page-8

  1. 3,890 Posts.
    Baraka,

    I'm interested in your thoughts on full takeover vs asset sale.

    I remain unconvinced 300m in cash + SA assets + time will deliver more value than a full takeover now.

    Is there a possibility the SA assets could be listed and in-specied in a separate listing with a cornerstone and cash returned from the takeover? Would meet the conditions in the agreement you posted, in theory.

    JT
 
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