KAR 1.61% $1.53 karoon energy ltd

best value stock on the market, page-12

  1. 796 Posts.
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    Rhicken.........

    Well old mate, I'd love to aggree with you on all of your points, but sadly I can not.....

    I can't find in any company anns where they state that the gas is flowing into the well. I don't think fridays market could find those words either. But hey, lets hope it does !!!!!!!!

    Another point is that it is my understanding from company anns, the TOL rig currently being used will be drilling both Kronos 1 and Lion before being released.

    This thing is still a 50/50 chance imo. I do rate there chances in the Montara sands further up a bit better though. It would be nice to see even 1/2 to 1 tcf in the Montara, that would be enough to take a bit of the uncerteny out of the stock imo.
 
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