cash situation, page-4

Gday SS.

Where do you get the time to do all this research during the day. Anyway, I fully appreciate your efforts. Personally, IMO, KEY whilst disappointed with the result of 1st well know that their potential company maker is still to come. The only thing that concerns me is the terms of any placement that "may" be required to support the drilling of the Borsano permit. As you mentioned earlier, the plan is to retain their 100% interest, I wonder why that is ?. It will be interesting if any "options" are thrown into the mix with any placement.

It will be interesting to see how much accumulation is occurs between now and then. With Kiliwani 2 due to spud in approx 2 weeks....( an announcement would be good to confirm this ), we will have the usual villains arriving before SPUD date and then exiting however given the current price, I can think of worse places to throw a few $$$ at.

By the way, don't forget Suriname either, I know I kept on saying last year that it will be the icing on the cake, well a few sprinkles of icing sugar later this year would be a nice touch.

Cheers
R