Macquarie says Karoon worth $5.15 if oil > 100, page-458

yes agree and have many like it also in the gold space - its kinda sitting waiting for the obvious to happen - and it will, with a bang once that prod hits the expected 30000bbl/day - there will be that feeding frenzy up to maybe 1.50 or more then as mkts go, it will slide back on no news - maybe dividends would help KAR investment theme, but not for me - i see cap growth - i would expect to $2 but why i never play options etc because i never get the timing right and of late it always takes a lot longer than u want in terms of actual work on the ground and mkt recognition unless your in the hot commodities like REE and then u only need to say BOO and your mkt cap flies!!!!!