fresh gas hit adds to kitty in poseidon area, page-19

  1. 1,077 Posts.
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    Hi Fire flyau,
    I refer to your post which contains:
    "Looking at KAR's business model it is plain to see they do not plan to actually produce any oil or gas, they are an exploration company that plans to on sell "proven resources" in the ground (hopefully at a profit) to fund their operations and create value for the owners of the company."
    Only yesterday I was provided the opportunity to listen to the July review by Karoon Gas (Ya post) and there in the listening I came to the solid conclusion that they do want to prove up the prospects in all countries and develop them.
    Perhaps have a listen to it and can be found either on the KAR website or Ya last couple of posts. Thanks for the provision to it Ya!
    I thought it a really interesting dialogue from which I conclude pretty firmly that the company is not just intended to explore prove up and sell.
    Good listening and assured and you are welcome to then re apopraise your view on that point at least if you consider it should be?
    No enemies here and I could not be bothered buying into that crap but do think there is unfortunate manipulation of the true value of the company. Plainly it is worth far far more than its current value and I will simply continue to accumulate until true value is provided. It will come some day, too sure! And happy to be provided with such a nice opportunity to keep buying in my own time. The company and its management in my view are world class and so grateful to at least have a management and board I feel confident in, and they have skin in the game! To that end I do not make messiah's out of anyone and suggest to always keep an eye out though to me there is massive problems with organisations associated with the way it all works ...enough said there but we all know who, dont we?
 
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Last
$1.97
Change
0.035(1.81%)
Mkt cap ! $1.440B
Open High Low Value Volume
$1.92 $1.97 $1.90 $7.286M 3.739M

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No. Vol. Price($)
2 15000 $1.95
 

Sellers (Offers)

Price($) Vol. No.
$1.97 26196 2
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Last trade - 16.19pm 21/07/2025 (20 minute delay) ?
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