Jolpha 3,
the statement from Merril Lynch is what share holders already know about Karoon. The depth was posted in the last announcement and we already knew we are approaching target depth.
If there is gas the share price will go up as seen in July, Sept, Jan
If not, it will go down. (late september, mid jan and early feb)
Im sure a number of shareholders have experienced this roller coaster already.
My question is If and when we hit the plover sands, doesn't that have to be announced by COP for Karoon to put out an announcement?
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