KAR 1.32% $1.87 karoon energy ltd

ann out, page-12

  1. 338 Posts.
    this Ann is very difficult to read, it can be bullish or Bearish. I take 2 key points from it:

    1. a 60m section has been corred for sampling. If no HC readings why would you do this? They certainly did not do this in Kontiki?

    2. They say "All penertrated reserviors will be fully investigated" So we could assume they have a reservior but what is in it? Hopefully Oil! but we don't know.

    All things considered the price is holding up well
 
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