KAR 1.55% $1.74 karoon energy ltd

sorry - can't see the silver lining

  1. 82 Posts.
    I can't see why KAR have lowered the target depth, for any other reason except that they're buying more time before releasing disappointing news.

    Surely, the target depth predicted by the Seismics remains unchanged until actual results prove or (as I fear) disprove.

    Am I wrong? Is there any other valid reason why a target depth can change mid-drill?


 
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