KAR 0.93% $1.61 karoon energy ltd

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    I think it is time to run some numbers for the quarter, completely off the top of my head and on my phone i believe last quarter revenue was 96m and ended with about 40m FCF.

    This quarter we would have achieved similar production levels but a far higher oil price achieved, the AUD has also been playing a bit more nicely recently at about 75.5c against the green back.

    This is a bit off the cuff but by my calcs i expect we could see 110-120million revenue and FCF of about 50million, Q1 FY21-22 will see our numbers even better again if the POO continues its uptrend which we all expect to be the case!

    The above should see us finally on the path to 2$.

    Thoughts guys?
    Last edited by goro5: 28/06/21
 
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