KAR 5.75% $1.84 karoon energy ltd

kar contender for artemis farm-in?, page-8

  1. 1,675 Posts.
    Golddigger:
    I DO NOT KNOW. I think they based on P-1 as an average because it is established.

    The effort is to produce a projected cost analyst for the next two years to establish KAR cash flow requirements. It is still in progress.
    • Attempt to establish potential fund available for investment
    • Potential value for buyout.

    The result will establish our investment strategy in KAR.
    We are heavy in KAR and MEO.

    We still cannot find out why the share cost is going down. We are digging as much as possible.

    As of now, we question KAR ability to sustain additional cost investments, other than what is projected, based on their existing funding base.

    Bob and Sandy
 
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