dude where's my kar !!

Should b an interesting week for KAR.

Last week its SP closed at $6.67. SP at $6.72 will see it break the mkt cap of $1 billion this morning.

They've come a long way, since listing in June 2004 after drilling that first Earth-worm Well. Allright then monday morning trivia for all & sundry !!

For those who came in late, Megascolides is a prehistoric giant earthworm & Poseidon is known as the god of ????? (small things or big things) ;)

Think we all know the answer to this Billion Dollar Question. (no 50:50 or lifeline's here please).

Took them 5 years to get here with just 148.8m shares!! Makes a very interesting case-study. The rise of Karoon Gas. Considering that there's another mob from a town near Lakes Entrance that made it to the League of Extra-Ordinary Explorers!!

More free research. This is a trifecta of discoveries for the Browse Basin in recent times:

1) WPL discovered a 110m gross thick gas column at Martell-1 after drilling 4 dusters at Pluto. (which reminds me to monitor their Vampire well just north of KAR's acreage, in Brazil later in the year)

2) Inpex-Total JV, discovered 72m gross gas column at Mimia-1, north of Ichthys.

3) KAR already have a 191m+ gross gas column at P#1.

The '+' worries me. Have they called TD too early or will they move to the next location, I dont know the answer.

Will find out later.

cheers