Like your thought Profit.
1)article said $600 to $800 million someone said.
What a cash injection and at a needed time.
2) You said "Poseidon is huge, Brazil is bigger"
Can you imagine getting rid of the COP and others playing games on Karoon. Positive position for a change. Like the statement on getting into production quicker.
3) You said "They still have the 482 and Elvie in the 315 that are large plays in Australia". Potential new long term partner with Apache. I think COMPANIES LIKE this will be a better fit with Karoon in the future.
4) You said "Not to mention Peru, also huge. But Brazil is a monster and the sub-salt fields are even bigger'. Great opportunity to develop new Partnerships and potentially stabilize cash flow. One thing to watch is that Karoon ability to control the drilling without government influence.
I think THE PROFIT HAS GOT IT. I think the fire is a new Karoon is what we will be seeing.
I hope they take all the time needed because I BELIEVE Karoon is on the edge of becoming The company of old. I see the opening day ending no lower than A$3.18 then going up from there.
Bob
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5 | 54977 | 1.820 |
2 | 20493 | 1.815 |
3 | 15322 | 1.810 |
Price($) | Vol. | No. |
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1.840 | 2712 | 2 |
1.845 | 24247 | 4 |
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