Governance definitely is an issue, and has been for some time, there's no steering away from that unless you're Cujo doing a 360. Grace did real damage to Karoons credibility in the market place, heads had to roll and the repair job had to be undertaken. There's no denying that's been a huge contributor to todays position. Uncertainty has been another, ie j/v's not materialising when forecast, time lines shot down. Desperately need a good result with Olinda, and desperately need a clear and concise way forward to production with experienced heads which can leave Bob and co to play in Peru, Carnarvon and 314. Comments such as Karoon becoming a gas export hub in Brazil using majors gas I don't think does Karoon any favours at this point in time.
Spud should be imminent?
Another article on Karoon, page-34
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Last
$1.38 |
Change
-0.025(1.79%) |
Mkt cap ! $1.071B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.37 | $3.804M | 2.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38853 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 16869 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |