KAR 0.83% $1.83 karoon energy ltd

picko,I don't want to say i know it all as i certainly don't...

  1. 6,162 Posts.
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    picko,
    I don't want to say i know it all as i certainly don't however...re read my earlier post.

    The AR clearly announced the name of the farmin partner in Brazil...it is in the AR

    Pacific Rubales Energy Corp ..this was released after market Friday...they could not possible have traded today with that information 'out in the ether'...it is certainly price sensitive and would materailly effect the SP.

    I would suggest we just use words as semantics as always 'operational update' can it be anymore flimsy says nothing about anything.

    It is because they named the Company ...could casue heratburn for them on their exchanges too as they certainly haven't announced themselves as KAR"s JV in
    Brazil.

    If we get Browse stuff as well great...my thoughts are they would have preferred strategaically to announce Browse and let it be absorbed before going BANG with the Brazil JV a tad later...

    Little gremlin crept in...OR in this case a rather large one
 
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