KEY 0.00% 0.1¢ key petroleum limited

key may have something to bank shortly, page-14

  1. Ya
    6,809 Posts.
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    Not quite show-stoppers these, if one is looking long-term.

    Its just that the picture isn't complete yet, so warrants taking the necessary measures before releasing low estimates that might not b anywhere close. After all we did get lucky on the second well, as the Geo's from 1 of the JV werent even keen to drill KN-1 based on the available seismics, as was mentioned by Brian Hall at Aminex's AGM a while back when they broke the news on 40MMcfd.

    Key's priority would b bank the cash from gas sales while simultaneously proceeding with the seismic survey. Sure they are onto this so hang in there.

    cheers
 
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