3 to 4 days away from a result, page-49

Ipod...

"Wonder where they all were last week when it was below 7??"

Last week KEY did not have a discovery...yesterdays announcement completely changed the lansdcape for this company at multiple levels.

Immediate cash-flow perhaps the most significant, which of course impacts leverage for shareholders given the now greatly reduced need for future dilution.

These two things alone have rerated the company in the short-term.

This will not be a temporary spike in my view.

Results of flow tests notwithsanding.

Whilst not expecting it, significant results here could even see this approaching the dollar mark...amazingly they would stll be valued at just $86m

Compare this to their peers, many of whome have much less going for them, years of dilution ahead...and much higher market caps.

Have been collecting these all day...and will continue to do so ubtil results tell me otherwise.

At 18c they currently have a market cap of $15.5m, about $5m of which is cash!

lol

Market hasn't got a clue...and in the wider carnage is more concerned about locking in profits from yesterday's buys.

What I like best is the closed ship here...not the slightest clue in the trading prior to the announcement...this is a significant flag for where this is heading.

Cheers!