KEY 0.00% 0.1¢ key petroleum limited

bought a few, page-42

  1. 1,200 Posts.
    This whole thread has now deteriorated in quality significantly and more knowledgeable posters have withdrawn from the discussion.

    Some of the comments here make me suspects that there are holders here who have not been through market conditions such as the current ones before. I can only say that quality stocks DO get sold down for no reason in bear markets. For people without conviction in their own research and present stock positions these will be very testing times.

    Back to KEY.

    The commercialization is a lengthy process which besides the obvious engineering etc. involves many discussions with relevant business and government 3rd parties. It will take probably 6-8 months to achieve this. KEY is not in control here, AMINEX is but the interests are aligned.

    The enterprise value of the company stands at around AUD9m. Do I care whether it is 20c or 26c atm? hell no. The company will be over $1 in due time when the gas has been sold.

    There are comments on this thread that the stock should only be day-traded. I find this proposition hard to carry out given the daily liquidity of the stock is about 100k shares. Unless you are a small time dribbler with few shares this is impossible.

    Another comment: i personally receive replies to my e-mails within 24 hours, they are always to the point and professional, I'm very comfortable with the management here.

    Lastly, KEY will have a booth at the upcoming GOOD OIL conference. Here is a chance for all of you with questions to ask the right people...

    Well researched investors who are prepared to wait a little will be richly rewarded here IMO.



 
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