KAR 1.79% $1.38 karoon energy ltd

wow, page-20

  1. 13,293 Posts.
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    "Concentrate on browse"

    Any company after a significant setback re "expansion' have to put a positive spin on things.

    The "browse" is not as cut and dried as one thinks re WA government recent claims which was in a previous post of mine.

    WPL at the moment are throwing the lot in regarding FLNG

    It's saviour so to speak but it's also new technology and are now banking on that to keep up future production.

    WPL obviously are not as savvy as people think especially the money they and their partners poured into James Price and now the wasted time on Leviathon.

    I think Shell has already written that onshore venture off but WPL havn't yet re James Price.

    I also believed that when i invested in KAR eventually they would end up with 10% of the browse and 15% to 20% of brasil when they finally get to production of those fields.

    4 years plus is a long time to wait for this to happen for most on here as most are here for some unrealistic quick buck.

    The one's who have held through hell and high water will still be here in 4 years plus though because most are as trapped as KAR is in their neverending quest for more.

    Me i'm a realist and bought in reasonably low so i can wait till all this eventuates without suffering any undue angst.

    That's a wrap.
 
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