indeed. If KAR can "de-risk" it's Browse assets, farm out some Brazilian permits (see article below) the price of a piece of KAR paper could be worth quite a bit. If there is enough gas there it can supply another LNG train. Personally i think the chance is 10% of a ten bagger from here w/in next three years.
This article is also quite positive imo, about what may come of the Brazil/Peru assets:
http://www.bloomberg.com/news/2011-07-01/karoon-gas-ipo-on-hold-as-company-seeks-to-boost-brazilian-asset-values.html
indeed. If KAR can "de-risk" it's Browse assets, farm out some...
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Last
$1.76 |
Change
0.025(1.44%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.75 | $6.040M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20933 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 350 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |