KAR 2.84% $1.88 karoon energy ltd

KAR - Chart, page-130

  1. 1,199 Posts.
    lightbulb Created with Sketch. 214
    Release of capital management policy is going to be interesting in the coming months. At today's prices, even 20% of free cash flow could be a significant dividend post December result (if not earlier?).

    tbh I'd say we're more likely to be buying a pre-production asset very soon (production within 6-12 months & longer life than Bauna asssets?) but I don't know more than Joe Blow & how much we pay will also be most interesting. Also interesting to see if we pre-pay contingent payment (though that might be considered too risky if oil price drops significantly?)

    Either way, I'm in for the ride. Envious of those who got in at Covid lows, but my holding is doing ok too.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.