KEY 0.00% 0.1¢ key petroleum limited

Soothy,"We have been given no indication as to the size of the...

  1. 7,087 Posts.
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    Soothy,
    "We have been given no indication as to the size of the discovery - however in my opinion the company is fairly valued at 20 cents given KN is 5 to 15 BCF gas in size."

    Hardly fair considering we have plenty of cash and some other great leads (in Tz and globally).

    I think the smallest 'resource' in Songo is 210bcf (happy to be corrected) so I feel 5-15bcf may be under done..

    Certainly it is unlikely to be proven to 1tcf on 1 drill hole; but as I live in Melbourne and Prahran is not far away I will ensure the photos are available for all should it happen... ;-))
 
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