Interesting release from KEY Petroleum late yesterday...
[If you don't already know, they are JV owners with PGY on WA-481-P (with 435 millions barrels of oil equivalent prospective resources I might remind you!!) and EP-437.]
The recent KEY $1 million capital raising investors have been named as ASF Group Ltd (ASF), the ASX-listed Sino-Australian investment company behind the $3billion Gold Coast Integrated Resort (casino, hotel, entertainment, etc..) who chipped in $320,000; and the other being Start Grand Global Limited out of Hong Kong who kicked in $680,000. One can only assume this to be play money for these investors with very deep pockets.
Nonetheless it is worthy of mention given that PGY majority shareholders with 45% are of Chinese background.
I can sense some big things ahead for both KEY and PGY. It's pity the 68mill x $0.002 sellers of PGY are creating a 'cap' on the SP at the moment. It shouldn't be long before demand boots them out of play and we can see a trading range of $0.004-$0.01. PGY's AGM on 28Feb should no doubt approve the 10% share capital increase so will be very interesting if/when the directors exercise that and who will be on the registry. In the meantime, given management and directors' progressive form, I think we may see an announcement on WA-481-P with MOU on farm-in partner. All up it's looking very positive...still holding!
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pilot energy limited
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Chinese investors behind KEY' $1mil captial raising
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $14.03M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $5.421K | 832.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 8165290 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 523602 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 8165290 | 0.006 |
14 | 8271000 | 0.005 |
3 | 1550001 | 0.004 |
2 | 2100000 | 0.003 |
2 | 2500000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 523602 | 2 |
0.008 | 580000 | 2 |
0.009 | 4020000 | 5 |
0.010 | 3268977 | 2 |
0.011 | 440135 | 3 |
Last trade - 15.14pm 16/09/2025 (20 minute delay) ? |
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