KAR 0.98% $1.55 karoon energy ltd

merrill lynch valuation, page-6

  1. 6,268 Posts.
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    Link to report

    The SCE report from Dec08 that golddigger1 refers to indicates a fully risked value of 11.60 and fully unrisked of 42.21

    If the numbers in the report are to be followed, then after de-risking both Poseidon and Kon-Tiki, value should be about 22.06

    Karoon is not grossly undervalued... it's hideously undervalued.
 
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