Totally agree:
1 - we have an independent assessment from D&M conducted on P1 last year of 7.6 TCF (which did NOT include the Montara "icing on the cake" discovery) -
2 - we have confirmation the gas is flowing this week -"ie reservoir communication"
3 - we have a very expensive PRODUCTION rig instead of the current less expensive EXPLORATION rig (TOL)being pursued for Kronos by one of the world's major oil & gas experts (COP)
4 - Conocos oil & gas company's execs have chosen to exercise a $100m+ option with KAR to increase their share of the spoils from 51% to 60%
5 - we have market experts Morgan Stanley clearly stating there is a 70-80% probability of a material adjustment to stock price in the next 30 days
...and there is seriously speculation that this stock may not explode imminently!
This is simply farcical - do the math ...
171,000,000 KAR shares
minimum of 7.6 TCF valued conservatively @ $10bn per TCF ...
KAR's 40% equity makes that $4bn per TCF
assuming there is ONLY 3.5 TCF (worst case scenario)in the Poseidon structure we are staring down the barrel of:
4 x $3.5 BN = $14BN AUD
$14BN/171M = $80+ AUD PER SHARE
...never mid any upside from Lion or Grace or Brazil or Peru!...this is about as good as it gets!
- Forums
- ASX - By Stock
- KAR
- best value stock on the market
best value stock on the market, page-10
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.48 |
Change
0.000(0.00%) |
Mkt cap ! $1.187B |
Open | High | Low | Value | Volume |
$1.51 | $1.51 | $1.48 | $9.090M | 6.098M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 34975 | $1.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 3831 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.480 |
1 | 5000 | 1.475 |
2 | 33800 | 1.470 |
3 | 98145 | 1.465 |
3 | 14250 | 1.460 |
Price($) | Vol. | No. |
---|---|---|
1.500 | 1000 | 1 |
1.510 | 6000 | 1 |
1.515 | 12750 | 1 |
1.520 | 10999 | 1 |
1.535 | 7288 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online