KEY 0.00% 0.1¢ key petroleum limited

easy going...

  1. 189 Posts.

    I sincerely hope that the constant low volume selling has subsided. Simply logic indicates that selling now and you're bound to pick the bottom, or very near. This point in time reminds me of a certain someone who flogged KEY for somewhere in the region of six cents about half way through drilling of KN-1... and it's off the West Gate Bridge!

    I just don't understand how someone could buy in the mid 30s or 40s like so many have (not me though, lol) and then bail out when they are in the low 20s. It is understandable if the individual has chosen to play with money that he can't afford to lose, but getting in this situation in the first place is comical.

    I'm looking for 500BCF minimum P50 reserves at KN-1. Anyone who does their research to the full extent should know this to be, according to certain, fact (how reliable are Tanzanian newspapers?)

    I think somewhere around 800BCF to 900BCF will be the final figure.

    Mudguy.

 
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