KAR 2.81% $1.83 karoon energy ltd

sorry to change the subject but whats the go with these...

  1. 885 Posts.
    sorry to change the subject but whats the go with these farm-outs? anyone?

    they were promised ages ago and i think the big fella was pretty confident... there was talk about large numbers of companies visiting the data room...

    So KAR wtf is happening?

    Page20 November Kar Review

    "20 interested parties across the farm-out processes. Karoon remains committed to securing further farm-outs prior to commencing further exploration and appraisal drilling campaigns

    The August 2013 capital raising provides financial flexibility to achieve the best possible outcome on current farm-out negotiations"

    "20 interested parties" my backside, more like 20 uninterested parties....
 
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