KEY 0.00% 0.1¢ key petroleum limited

dows 3rd biggest gain: a perfect day for news , page-2

  1. 3,891 Posts.
    I agree, but you have no chance.
    There are several things i dont like about KEY, apart from the lack of shareholder updates.
    Firstly, this lack of news is not very comforting,.. Sounds like they have come across some problems regarding hook up to the pipeline.wasnt it all supposed to be producing by the end of the year.?
    Secondly they, not only are only a 20% partner, but face fairly big taxes, even when they come to sell the gas.
    Also their drilling campaign is a long drawn out affair that will take years to reap any real financial income.
    Reminds me of FAR. Some great prospects, but you are going to have to face a lot of dips as the market carries on in the downward trend.
 
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