Yes - they are approaching 1 million in non exploration...

Yes - they are approaching 1 million in non exploration expenses. High spend for a 6m cap company.

More selling this week, indicates the current well is also likely to be a P&A IMO. No real surprise there as it was always going to be high risk.

There is always a chance that they have confiscated the phones from the drill crew, and we might get a surprise discovery, but in the light of the sell down during the prior drill, I think a good result unlikely.

The real question is how much further KEY will fall on an announcement to that effect.

Considering KEY is trading at a significant discount to cash backing, still has other projects in the pipeline and has a small free carry in Suriname; any drop from 6.7c is likely to be short lived.

It would be great if the selling is out of the way, but there will probably be a late panic from somebody.