Agree SB,a reality check required on this forum imho.
Talk of $200.00/sh is absolutely over the top atm.Drilling has only just commenced and even if hydrocarbons are found getting product out is another matter.
The Degolyer & MacNaughton Assesement (p21 Karoon Gas February Review) is well worth understanding in terms of 'prospective resources' and the ramifications thereof.
Karoon is a long term speculative gas play and all this talk of instant millionaire status for current holders is not only ridiculous it is downright dangerous for those that get caught up in the hype.
Karoons own 'projections' are revenue streams to commence 2014.
Good luck to all holders but keep your feet on the ground as some of the hype I heve read here just boggles the mind.
$3 down, blue sky ahead, page-82
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