KAR 1.11% $1.78 karoon energy ltd

well a week that i would wish to pass quicker..not much to go on...

  1. 117 Posts.
    well a week that i would wish to pass quicker..not much to go on from kt1 its been a tough result and i do think chances are slim (2%)of a good outcome. We need to accept the ann. due early next week possibly monday in the P&A of Kt1. The market has reacted unrealisticly to the news, but then again we've had Big Bob on T.V talking the finds up which doesnt help the cushioning. Yes this well has cost alot of money about $45M however 20% of this is a cost is billed to KAR. Remember the gross sands of P1 thats what I do every night before I go to bed..at least 16-21 TCF, History Still to be made. They were valued at $9 without this well once the Rig starts to move to P2 I believe we will be back on track, if time is on your side this is a great investment. Am booked to see the AGM at crown cant wait..Andy
    PS dont forget Brasil and Peru Leases
 
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