KAR 1.46% $1.39 karoon energy ltd

eureka report , page-8

  1. 7,294 Posts.
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    Dear Black

    Its obvious something big is going on and not so recent.
    Dificcult guess without cross all dshades of ridiculous,dream etc etc

    Having saying that..

    COP + somebody else is buying Kar shares using a fake fund name.

    They (the second one) is the one that will

    a) buy the JV in Brazil or Browse
    b) is the one that wants go all way to production phase.

    Why Cop ?

    They have at that stage clear areas where they will(with or without Kar) spend huge amount to come to production..Any TCF on top will help to split the cost(did you notice the question I did to Froiggy yesterday)..
    Well... I call rto my especilaist guy (in Brazil) and he told me defenetevelly YESSSS.. not just in the floating alternative,but also in pipeline ,the most expensive is not the pipes but all infraestructure yo need put in place...
    As soon you spend that, no problems to spend more pipes to cross dozens of kms far but receive another 1 or 2 TCF. Worth in large scale.

    Cato
 
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