The FID is not scheduled until late CY25.
A lot of commodity resources exist but are uneconomic due to cost of development. Neon looks a goer but the CE stage will provide further de-risking, in that regard. Perhaps resource upgrade as well.
In the FY23 results conference call, Dr J spoke of the BOD's interest in farming out Neon development, even if it meant holding a minority interest. I noticed he revisited this in the TY23 conference call.
I reckon the real value reveal for KAR will come when the Instos recognise a higher future Oil price than the $60 they currently factor in.
I notice even the US Dept of Energy are getting a dose of reality in their quest to refill the SPR. Where in '23 they said they would pay no more than $67WTI, they relented to $72 and then $79 and last week Jennifer Granholm spoke of purchasing at $82.
The Saudis said their ideal price is $95 for Brent.
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The FID is not scheduled until late CY25.A lot of commodity...
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Last
$1.68 |
Change
0.000(0.00%) |
Mkt cap ! $1.342B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2174 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.51 | 957 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 15426 | 1.665 |
15 | 60331 | 1.660 |
15 | 74365 | 1.655 |
42 | 140079 | 1.650 |
11 | 438851 | 1.645 |
Price($) | Vol. | No. |
---|---|---|
1.670 | 6898 | 6 |
1.675 | 49144 | 13 |
1.680 | 53922 | 14 |
1.685 | 134751 | 12 |
1.690 | 71780 | 8 |
Last trade - 09.56am 17/06/2024 (20 minute delay) ? |
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Last
$1.66 |
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Change
0.000 ( 1.08 %) |
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Open | High | Low | Volume | ||
$1.67 | $1.67 | $1.66 | 12547 | ||
Last updated 10.15am 17/06/2024 ? |
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