Blacks, who told you to invest?
reasons for investing are:
Possible future float of subsidary brazilian company on the brazilian stock exchange.
New JV hopefully to be announced on our Brazilian assets
approx 300million in the bank from capital raising
3-5 wells rumoured to be drilled in brazil in 2011
and I think 4-6 wells in the Browse Basin off WA so possibly 8 to 10 wells in 2011 to be drilled. Last well off the browse stuck gas.
Current JV partner Petroabas strick Oil... we are pending final results.
Possible other JV to be announced.
This is all IMO, DYOR. big year for karoon IMO. And these prices (the 7 dollar range) are a very good buy IMO, they dont usually last long around this level - when the wells started to be drilled. I am sure I have missed some things but i am to tired to think. Hope this helps.
smackakaroonies, page-5
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Last
$1.81 |
Change
-0.030(1.63%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.78 | $8.678M | 4.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5319 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 36852 | 3 |
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