KAR 1.44% $1.76 karoon energy ltd

what do you make of the financials, page-5

  1. 1,325 Posts.
    I really don t think we will make much of a dent with the cash in the bank balance, as cop are picking up 100,000,000 of the first 125 million .

    At the current rig rate, that would amount to 438 days of rig time ,so we seem good for the rest of the browse apprasial of poesiedon .

    and with the farmin in brazil ,i think a cap raising will be a while off yet .

 
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