You can't compare KAR with those companies, they're in a totally different industry with different markets etc.
Karoon is in the LNG business.
Poseidon#1 was not a duster and the gas there it is early days but they will be working toward reserve certification after poseidon#2
WPL encountered a gas column when drilling Buffon-1 (KAR's Kontiki prospect), 3D seismic will allow CoP geos to drill it right.
Do the research and you will understand why so many people are bullish on this one. Only those who are not knowledgable will take their money off the table.
Cheers
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Last
$1.48 |
Change
0.000(0.00%) |
Mkt cap ! $1.187B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.48 | $9.090M | 6.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34975 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 3831 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |