keys 100pc owned borsano permit po valley., page-7

Gday The Soothsayer,

A couple of very imformative posts, it certainly looks very interesting over the next 6 months for KEY shareholders that's for sure. I just wonder if we get success at Tanzania if there is a need to farm out the Onshore permit at Borsano. With their current cash at around 14m and taking into consideration the projected income from a success at Tanzania, management might want to retain their interest at 100%. With their other offshore permits in Italy, they definately will need to farm out some interest, but with Borsano i am not so sure.

The delays in drilling Borsano actualy may work in their favour as the 2nd well in Tanazania will spud in early Jan and probably take around 30 days also.

Thanks again for your posts,

Cheers
R