KAR 0.82% $1.82 karoon energy ltd

In line with the UBS report, the latest Bell Potter report dated...

  1. 296 Posts.
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    In line with the UBS report, the latest Bell Potter report dated yesterday says in part:

    "Valuation Our 12-month share price target of A$11.57 is based on a Poseidon-backed NAV of A$7.00, plus A$4.57 (risked) for South American exploration assets and our estimated value of a 54 mmbbl discovery at Maruja (KAR 20%)."

    All we all have to do is hang on now & to ride out the volatility, but volatility is nothing new for Karoon. I don't expect drama re the environmental data & the news out of Brazil for us & our near neighbours just gets better every day.
 
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