KAR 2.81% $1.83 karoon energy ltd

Jov and Commodore, Principally Jov. if you re read my intitial...

  1. 6,162 Posts.
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    Jov and Commodore,
    Principally Jov. if you re read my intitial post 'the Brazil deal' i am finding it hard to comprehend that you don't see the deal being half as good.

    My simple ( and i am just that) maths shows you clearly the comparisons between the failed IPO and this deal.

    I think when you stack it up the difference, based on the times we are now in is negligible.

    Not hear to argue as i don't know enough but i think they have done a great deal.
    Some stated on here we'd be sub 3 and no deal would get done etc etc in Brazil.

    What i do know is we have a fully funded 7 hole drilling program in 2 continents and RETAINED only 220 million SOI.

    Go find another Junior with this type of exposure to to two very fertile continents with massive upside?

    Derisked and drilling..... and no capital raise
 
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$1.83
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