KAR 1.63% $1.81 karoon energy ltd

After over 6 years, all out. Not the exit I'd hoped for, but...

  1. 82 Posts.
    After over 6 years, all out. Not the exit I'd hoped for, but hope to get back in before the next round of drilling.

    I liked Bob's framing of the last ann, in particular the positive spin given to no new reserves found since the last well. Though the tone of it suggested to me he's fishing for investment, or perhaps bolstering some ongoing negotiations. So I'm taking the punt there's no imminent resolution there.

    All the best.
 
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