KAR 2.19% $1.34 karoon energy ltd

Neon works if it stacks up commercially. The expected IRR must...

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    Neon works if it stacks up commercially. The expected IRR must be sufficiently above the cost of capital.

    Whether KAR has the balance sheet to fund it is very much a secondary consideration. If it stacks up someone will develop it. So it's fair to suggest that right now it does not stack up.
 
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