KEY 0.00% 0.1¢ key petroleum limited

triangle and not too many shares, page-6

  1. 1,263 Posts.
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    Gday there.

    This looks like being for the patient investor, sellers now are just impatient....i.m.o....and probably getting out to get amongst the Gold action which is very tempting. Still medium to long term with KEY has significant upside potential in my view, reasons that most people have already highlighted on this thread. I have been accumulating for a while now and have held my options from the 2/1 issue and have no intention of selling for quite a while.

    i was not surprised to see little movement on yesterdays announcement as they still have not confirmed the arrival of the rig. Yep, they say Oct 21 with a spud date of Nov 1 but this is only tentative. i think you will find the announcement that confirms the rig is there and ready for action will be the driver for the buyers to hit KEY pretty hard....my thoughts only.

    Good Luck to all holders

    Cheers
    R
 
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