KAR 1.11% $1.78 karoon energy ltd

time to reflect, page-2

  1. 6,162 Posts.
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    I think we are all calm considering the calamatis nature of the market cashy!!!!!!!!!!!!!!!

    As we have been saying just bring on the drill rig - i think Count 1's numbers on QLG gas on the basis of a tiny 1 TCF give us an idea of the prize.

    We drill , we find ( HOPE ) and then we are into the second half of 09 before we need to worry about where Oil is; if it continues to be a manipulated commodity or it finds a world market easing and starting to re grow albeit at slower levels.

    Still fully funded - low AUS dollar must be making the big players salivate at the thought of what M might dig out before they offer us something a bit too good to refuse!!

    Still rather be in this space of resource in the coming 2-3 years!!!!!!
 
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