Karoon Gas is simply the best, page-5

Good call Dr. Who! Haha.

Chilloutman's post is a loose summary but it is true there is potential. Cash backing is good. Something to fish with for underpriced assets now or maybe put towards commercial development of Echidna.

I do get BS's frustration but it's a waiting game at the moment and some things are not in our/ Karoon management's control. I trust they are not sitting in the offices drinking coffee all day and they sure as hell know a little bit about O&G exploration. Certainly more than me so I'll leave it to them.

I can control my average share price paid and whether I'm in or out. Definitely in for the next year or two, even if it's slow going at first. In fact I think Karoon is currently a very high confidence capital preservation stock( from current SP). I can't see how we will not see a 30 - 50% return within a 1 - 2 year timeframe. But that's just me. And as I said I'm in for a while yet.