KAR 2.41% $1.70 karoon energy ltd

Ann: Macquarie Australia Presentation, page-2

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    Returns to shareholders to be addressed in 2H23. (p.13)

    With A$1.5 billion of revenue in FY23/24, supportive US$80+/bbl oil prices, no debt or material CAPEX to pay (besides the deferred Bauna payment), large dividends and material buybacks should be on the way.
 
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