KAR 4.92% $1.92 karoon energy ltd

Im guessing the core sample have been analysed and cop are very...

  1. 1,325 Posts.
    Im guessing the core sample have been analysed and cop are very confident the well is going to flow .

    in the unlikely event it doesn t flow, i would still think they would be able to drill elsewhere to get the hc to flow .we have to believe these guys know what they are doing. just in cops $100 million investment to further the appraisal program gives me hope.

    Monday i think some solid news will be release, im guessing a trading halt .tommorrow we should seen the sp well into the $11 mark but as we have learnt from kar history things can go south very fast ,so heres hoping its all good for everyone .

    This well, up too now, has gone smooth apart from the icing on the cake 20m holding things up .

    so good luck all : )


 
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