KAR 1.32% $1.87 karoon energy ltd

i'm with cato, page-9

  1. 6,162 Posts.
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    frog,

    I agree with the big bird here..... you are looking through fog frog!

    However i agree that there is nothing emanating from our man either...

    This is from Wilson HTM i guess supports the point..

    "Karoon has, AS USUAL, provided no guidance on volumetrics. The
    greater Poseidon structure is estimated to contain between 3Tcf and 15Tcf of gas with a mid point estimate of 7 TCF of Gs and Condensate."

    Guess you have to believe their is great method in his perceived madness.

    Didn't get the nickname of the Messaih for his failings in the negotiation stakes...guess we / ( i do) trust his judgement.

    But frog like you i would have loved to here some rooftop shouting... but lets look logically....he said 108 metres of sands, best moveable qualities etc - would flow at rate of K-1 - FACTS stated that is all he can do...

    How did the market react to this?? That's right we are down about a $1.

    Do you see where he is damned if he does?

    This is controlled .... nothing more nothing less...and i think it goes back to the point you made so well the other day... of course by being able to keep SP at low levels with this type of trading they are keeping real value off the SP for a reason and that isn't great for us when it perhaps represents a TO position..your right.
    Heaven help us all as ASIC sees only limited damage ostensibly from algo's etc...

    Let's get this over with and get out of here with a semblance of sanity and money and go and join a commune..

    Jim "the Swan" Jones you can call me...I'll bring the cool aid!!

    Location suggestions...Mt. Somewhere with Jimmy?



 
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