KEY 0.00% 0.1¢ key petroleum limited

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  1. 7,087 Posts.
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    reganbah.. big choice for that..

    They do have quality credentials.

    Those on KEY's mailing list would have noted a line about the Annual Report to shareholders being on the website 30/10/09... does that mean hold on things, in the works?

    There are plenty of avenues for KEY to come up trumps, considering the management own tonnes they are highly unlikely to dilute themselves out of existence. Might not communicate like others but they are light years away from stupid...

    - The whole lot does not need to be exercised.
    - We live in a volatile market sp could be from 10c to $1 by then, but we (and they) dont know so you ask based on worse case scenarios (you dont want to be caught going back for seconds at wrong time).
    - We are a participant in Tz others would not want us hunting for cash when the job is on..
    - there is potential for rigs to be in the area (remember 2 leases)..

    That does not consider other scenarios but really I think (and hope) Tz is the one.

    Obviously they are thinking it will be short and sharp, I personally like the sound of that and reckon fun could be in the pipeline.. certainly last one told them that raising dollars is tough.. doing it again means serious action imho..
 
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