KAR 1.62% $1.57 karoon energy ltd

re: told to add to my radar Mac bIve heard the same valuation of...

  1. 8,005 Posts.
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    re: told to add to my radar Mac b

    Ive heard the same valuation of $20 from a number of locals here in Bendigo where I live.

    Some of them have 100s of 1000s of shares.

    The potential size of the gas field in the Browse Basin is huge, and as I've stated previously, will be a very attractive farm in for someone...(logically, & Im tipping WPL)
    The Browse Basin permits are the jewel KARs crown but they have a few other things going for them.

    Analysis of 3D seismic on the Browse is due out in the next month or so & I would not expect KAR to do a deal on a farm in until this is completed.
    Notheless the was the stock is moving...early indications are that the seismic is looking good.


    Cheers

    Bendigol



 
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