KEY 0.00% 0.1¢ key petroleum limited

Ann: Reduction in Tanzanian Interests , page-33

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 887 Posts.
    Amer - it shocked me because of the way they went about it. I expected a divestment to involve selling the assets for cash-flow, and not reducing down to 5% of the tennemant for pittance! I obviously expected to much.

    I also was kind of hoping that they might come to their senses after listening to shareholders, and maybe look to retain the tennemants somehow.

    Now I wait to see what they will do with West Songo Songo. Will they do another pittance deal with Aminex for that as well?

    Oh and now they have 45% of EP437 - so if more drills are done, then we have to front up for more of the cost of that. Rediculous! Is there any hope?
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.