Virtually Live: 12th February 2025 - The Rivkin Report

In this week’s show

02:09 – Q1:Can you please give your thoughts on KAR Karoon Energy? It is currently trading at $156 with morning star saying fair value is around $2.47roughly a 63% upside. I believe it has most of its Oil operations in Brazil, which I think has a trade deficit to the US, potentially keeping it off the radar of Trump Tariffs? I am thinking of buying at current price however I have concerns around the effect of potential US tariffs targeting Oil and what that may do to the price of Oil?

18:36 – Q2:What are your thoughts on Xref now that the scheme has failed to get the 75%+ votes please?

21:07 – Q3:I see Red hawk Mining is being taken over by FMG Pilbara for $1.20 per share. Incredibly someone or some fund (and others) wants to buy 25 million shares @ $1.20. Why would they want to buy them to make no money?

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