KAR 0.88% $1.70 karoon energy ltd

wa government browse gas plant, page-9

  1. 5,316 Posts.
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    Forseti - to answer your questions

    COP is following Oil/Gas sector index almost exactly and has been for a while.

    Poseiden gas quality - who knows ??? (but KAR & COP have decided to spend another bucket of money drilling new wells which does say something)

    KonTiki a duster - highly possible (industry success rate is not high but its improving rapidly)

    Share price rise gone - only if Kontiki comes up short or Poseiden proves not commercial. Both if both come in you can add a 1 to the front of todays SP. (Sorry moderators ramping I know)

    But I would have thought you could dream about $16-20 if Kontiki hits good gas (and because there's always a down side about $6-9 if it doesn't)

    Ahhh the glorious uncertainty of it all
 
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