KEY
Click for more information
0.00% 0.1¢ key petroleum limited

What? Have these guys written off the UK asset and pretty much...

  1. asteroider
    18,915 Posts.
    lightbulb Created with Sketch. 166
    clock Created with Sketch.
    16/03/11
    14:10
    Post #: 8062639
    What? Have these guys written off the UK asset and pretty much all other exploration costs on the balance sheet?
    So I guess, if these assets are a write off, management are saying they are not worth the money spent?

    They seem to be gutting the asset side of the balance sheet. I have seen this on small caps just before management pull out a poor balance sheet to justify a huge low priced dilution. I hope that isn't the plan here.
    KEY Price at posting: 2.7¢ Sentiment: LT Sell Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

KAI Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
right-arrow Created with Sketch.
WCN White Cliff wraps up Canadian fieldwork programs – 'visually confirming' a slew of minerals
right-arrow Created with Sketch.
CPV ClearVue shares up 15% as it inks deal to enter Middle East and Indian construction markets
right-arrow Created with Sketch.
MAG Magmatic defines 6km copper trend with grades of up to 6.5% at NSW prospect
right-arrow Created with Sketch.
STX Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
right-arrow Created with Sketch.
STX Strike reports flow test success at 100% owned Walyering-7
right-arrow Created with Sketch.
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
(20min delay)
Last
0.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.262M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
KEY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.