KAR 1.10% $1.83 karoon energy ltd

Macquarie says Karoon worth $5.15 if oil > 100, page-639

  1. 2,887 Posts.
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    You were spot on with you estimate of oil production for the September quarter. The actual total I got based on the ANP data is 2,845,727 barrels of oil (excluding the decimal point amounts) and I don't think you will be far off on the total cash at the end of the quarter. It will be interesting to see if as a result of the quarterly we get further broker upgrades.
 
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