KAR 4.26% $1.46 karoon energy ltd

$3 down, blue sky ahead, page-79

  1. 13,252 Posts.
    To much worry about share price movements I noticed a few digs but you only have look at 1 where it is. 2 the amount of gas in an around that has been found. If this was a green site rather than a brown I would be a little circumspect. But conco would not have stumped up 80% on a hope and prayer. The 3d survey must have shown up a big play down there, to myself the question will be how much is down there enough to jump up and down or a fiz. This is not a time to be nervous but a time to build serious wealth anyother time in a bull market KAR would be 7 bucks. So to me when you do your risk metrics on it

    Site postion, Gas found around it, Patners, 3 d survey over
    failure We have a 60% plus chance of finding a commercial Quantity which is pretty high in exploration terms.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.