KAR 4.92% $1.92 karoon energy ltd

hold on to your hats, page-25

  1. 416 Posts.
    COP buying in further isa 2 edged sword.

    Sure, the money will be useful, and it'll be a good sign for the market, but that 9% could be very valuable.

    I doubt tomorrows report will say much. 5 days to pull the rig out, run the lining and log that fairly thin section of sand, and 2 further days of drilling getting into what will (hopefully) be the hard rock cap on top of the Ga$$$.

    I think/hope that next week will be where things start to get interesting.
 
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