KEY 0.00% 0.1¢ key petroleum limited

secretary, page-7

  1. 599 Posts.
    maybe is an after market ann like it has been many times hehehe, or maybe it will come from aminex first, hmmm hmmm.. will be good to hear some good news!

    however, i am in for the long haul. good prices to top up, prices at this stage doesn't seem to reflect them having gas! Gosh, well it will be interesting to see KEY grow long term, my imagination can run wild knowing that in the soon distant future when production get on the way, cash flow will help as they could sell gas to help fund exploration initiatives, could even be a positive cash flow next year depending on how much they spend exploring, as you would all know that helps avoid the need to issue new shares and avoid dilution.

    With SP falling, and a director resigning on top of a very volatile period, i.e. US turned bearish, Asian market slowing, China just reporting exports cooled in June, Singapore 2 year low economic growth in period etc etc.. No doubt some investors may sell for whatever reason and may rather stick to cash. However, resources are always in need, gas being one. Just a thought. Early stages for KEY.

    Good luck all.
 
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