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KAR $1.13

Kangaroo West

  1. nammuldi

    2,106 Posts.
    IMHO Kangaroo West now holds the fate of KAR's immediate if not medium term future and all holders like me are now exposed to an exploration result which could be many different outcomes, but in terms of the mkt expectation will likely be black or white - up or down. It makes one pretty nervous in many ways and it is clear from Kangaroo 1 & 2 etc that these are more complex faulted systems - which would increase risks of commerciality - but that is for a future ann probably well after Kangaroo West is completed.

    fingers crossed here that KW can really hit something substantial because the alternative is not pretty.

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