KAR 1.63% $1.81 karoon energy ltd

hold on to your hats, page-10

  1. 338 Posts.
    WS Depends on your view of the market, some Analyst value this at $17+ if we can get P1 of 7TCF. My own values are much higher than this, but I am more bullish than 7 TCF.

    If it is only 7TCF then a $14-$17 value is probably fair this far out from production, so yes there is quite a lot of success build into this price as is should be given the results of P1, but it is still a long way from fully valued IMO.

    but what value do you aslo place on Santos/Peru?? I am sure if they sold these prospects they would be inundated with offers from the majors now!
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.