James21
You are spot on, this is great news for PO shareholders sp up $0.50 approx today on that announcement.
The only trouble is that it is PO Valley shareholders that are in the money not KEY.
The rate KEY are moving at present based on their announcements, or lack of them, most of us will be six feet under by the time they achieve anything like that.
Have a look at the KN#1 debacle, struck gas last April and still no news as to when commercialisation will happen, even though management indicated "earliest commercialisation"
The share price of KEY currently should give management a rocket up their proverbial as it is obvious the market is not in the least impressed with their performance in bringing a very substantial gas find into commercialisation.
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