KAR 3.61% $1.72 karoon energy ltd

Hey guys, what is the target depth KAR is trying to hit so we...

  1. 169 Posts.
    Hey guys, what is the target depth KAR is trying to hit so we can get a feel when we expect news?

    I can't seem to locate any info on KAR regarding target depth.

    If we hit wet gas (likelihood is high base on surrounding finds), the SP will shoot up, not to the extent of Kangaroo or Bilby but will give us a good lift past the $5.40 resistance.

    Total reversal is interesting, SP will continue to drift lower until we hear news regarding Porteus-1.

    cheers
    pcyc
 
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