KAR 0.83% $1.83 karoon energy ltd

Ann: Echidna-1 Progress Report No 3, page-12

  1. 1,694 Posts.
    lightbulb Created with Sketch. 15
    Fair enough, although I'd expect that sustained POO of $65 (maybe from 2H 16?) would see KAR trading in a completely different range - assuming FEED progress is satisfactory.

    What value would you place on a 200mmbbl reserve feeding 15-20k bbl day operation with an OPEX margin of perhaps $25bbl (possibly about $US70m EBIT - which will probably be >100m AuD).
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.