KAR 0.28% $1.82 karoon energy ltd

I didn't know Neon was "currently not considered feasible" until...

  1. 12,798 Posts.
    lightbulb Created with Sketch. 569
    I didn't know Neon was "currently not considered feasible" until Samuel Terry pointed it out in their presso.... I understood there were compartmental problems or some such, but nothing that couldn't be overcome.

    https://hotcopper.com.au/data/attachments/6268/6268834-1ccd6a82681d3963ed7bbd342d718d8f.jpg
    Regarding the Neon valuation...Looking at the KAR chart, the decline was in well before that recent valuation downgrade.

    I don't doubt Neon development concerns is now contributing to the current malaise..

    I noted that Neon commentary by the board remains bullish though.
 
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