Assuming Posiedon is only 5 TCF with a liquids yield of only 9.5bbl/mcf and therfore not viable as a standalone LNG development,KAR should still sell it's 40% for $700m or $3.80 /sh. With plenty of interest. Which makes KAR'S South American assets worth $2/sh
No wonder why Bob wants to seperate o/s venture.
See ipsy got a thumbs up, must be a newby to hot copper, miracles do happen.
Keep the faith Go the Gas
mqg researh:pessimism priced in, brazil is not, page-3
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$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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| KAR (ASX) Chart |