KAR 2.22% $1.38 karoon energy ltd

Bauna Deal Announced., page-16

  1. 12,916 Posts.
    lightbulb Created with Sketch. 595
    the Bauna contingent payment due to PBR in 2026 will be late enough... etc.

    Being " contingent " means that there may be nothing to pay if certain conditions are not forthcoming... my bet will be a pricing mechanism based on the POO maintaining above a certain price for a period of time. eg above US$60 bbl continuous for 24 months .
 
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