We hold with high respect in the KAR thread quite a few posters. Their theme is common.
- This is not a production well
- This well will be plugged
Yet, we measure the KAR stock as if Poseidon-2 was a production well.
Consider the objectives, this well found everything it was designed to do and more. Sandy and I are looking forward now to KRONOS well(s).
The ANN did not say they found a gas flow. This is why the market is still down. They may not know the quantity or quality at this point. They did not say anything about flow volume. The only thing we know is they made contact and got something back to deem making the statement "they communicated".
Picko99 nailed it. Go back and read his post. He is correct. The market is reacting correctly.
Do not question the find from Poseidon-1. We have many sands to validate in Poseidon-2. This will take time and unfortunately more ANNs.
A prayer or two will not hurt. Think what we could do to help the needy
in our area and around the world.
Keep the faith
Bob and Sandy
KAR MEO VIL
best value stock on the market, page-3
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Last
$1.76 |
Change
0.025(1.44%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.75 | $6.040M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20933 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 350 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |