KEY 0.00% 0.1¢ key petroleum limited

june 2008 investor presentation released, page-30

  1. 1,122 Posts.
    Its a good, easy to read presentation for a hack like me.

    i think the people selling at the moment know that besides proving up KN1 and reserves estimate there's really stuff all going on this year (that we know of). They know that there's no real rush to get in now because the big picture of this company isn't going to become apparent until next year.

    In fact, i think only a huge result from KN1 is going to make a big difference in the share price. Otherwise it will still be volatile until key's other prospects start to clear up. Day traders are going to be all over it and they inherently aren't going to prop it up for ever, even if KN1 is as big as we are all hoping.

    I am confident, however, not really that concerned about KN1 as i don't think it will have as big an effect on the SP as a lot of people are suggesting on this thread, regardless of the financial equations being bandied about. It's a bonus really and i am not getting too wet about it. Namibia is what i am personally most excited about, and that is a fair way off.

    I habe been buying and I havent sold anything, KEY is my biggest holding, and i intend to increase it over the coming weeks. I don't think there is any big rush to load up though.

    That's just IMO as a hack investor.

    GB
 
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