Franco presalt field is believed to be larger than the libra field that was recently auctioned.
As for Karoon's presalt, Franco field is only a few 100 kms north of KAR's blocks. Franco field is about 200x800 km.
Lula oil field is much closer to KAR and production is set to double from it by 2015.
My patience is wearing thin and the loss of opportunity is not going unnoticed. The SP performance is quite pathetic to put it kindly and the board is not doing 50% of its job.
All IMO and DYOR!
Franco presalt field is believed to be larger than the libra...
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Last
$1.44 |
Change
-0.030(2.04%) |
Mkt cap ! $1.155B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.47 | $1.44 | $6.701M | 4.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 148283 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 3454 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |