KAR 2.06% $1.73 karoon energy ltd

Ann: March 2023 Quarterly Report, page-3

  1. 1,212 Posts.
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    This BOD certainly doesn't overpromise anything.

    That's a good thing ... I suppose.

    Slight increase in costs.


    I thought the Report "suggested" (it was in the body language) there was some certainty in the May restart. Which will surely be at the end of May.

    So of the 4 month Super Tax, KARs liability in this respect, will effectively be reduced by 50%. Further, they mentioned even then, that it will be a somewhat graduated restart. So less.


    Maybe the BOD will consider using saved funds to pay a dividend? They did say they would
    concentrate more on Shareholder returns during H2CY23, in their last Report.

 
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