KAR 1.44% $1.76 karoon energy ltd

I think the point has been made many times on HC that JVs &...

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    I think the point has been made many times on HC that JVs & farm-outs can take time. Still, KAR's management has not helped themselves by setting timelines that have come and gone without so much as a whimper from the company.

    So, on the issue of capital, is it fair to say that if KAR does not secure a farm-out in the next few months, a CR seems likely around mid-year. Do people think that's how things sit?



 
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