Panoro listed as having a 20% CoS and drilling time of 2-3 months which takes us to close/up to YE. IMO, better for KAR to get a farmout sorted ASAP with the incentive that a quickly completed deal gives free exposure to a risked 40m bbl 'Kookaburra' play.
Lets hope the dolphin is ready for KAR to start in November and that farmout financing is sorted before TD. What chance SP back to double figures by YE if all the ducks start lining up?
Panoro listed as having a 20% CoS and drilling time of 2-3...
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Last
$1.80 |
Change
0.038(2.12%) |
Mkt cap ! $1.458B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.83 | $1.78 | $7.191M | 3.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 158329 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 23514 | 12 |
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| Last trade - 13.06pm 26/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |