KAR 4.92% $1.92 karoon energy ltd

Need lots more drill holes to get an estimate of size of...

  1. 1,710 Posts.
    Need lots more drill holes to get an estimate of size of reservoir. If Posiedon is not factored into price then why has KAR risen 400%? Still long long way from production 5 yrs. Can't see price steady at $20 on positive ann. That would make KAR MC around$4billion. Wow $4 billion and still reservoir size nit proven.

    Need to be patient tenements in Brazil is going to kick ass IMO.
 
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