l & s
last brazil campaign ( 3 wildcats ) cost $250m ( which PRE funded ). current plans looks like 2 holes. assume will test so gross cost maybe the same , and we are paying 65% ( so say $160m )
then carnarvon - lets say we are successful and additional appraisal drilled . we have 90% cover for the first, second we pay 50%. lets say $50m
peru, lets say $110m per hole ( wildcats ) $220m ( assume no partner )
so say $430m for next 18 months , and assumes no farmouts.
current cash position will dip to around $30m ( last report had $62m , forecast burn $47m will be halved as pharos now being paid by org ).
rough numbers , maybe some upside as looks like a fair amount of long lead inventory is held in brazil.
hopefully we get some clarity soon.
after the dust settle, page-3
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.74 |
Change
-0.028(1.55%) |
Mkt cap ! $1.427B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.74 | $2.832M | 1.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 185967 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 36195 | 25 |
View Market Depth
| Last trade - 13.27pm 15/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |