KEY 0.00% 0.1¢ key petroleum limited

Amer,Key, I believe is currently unloved and undervalued by the...

  1. 80 Posts.
    Amer,

    Key, I believe is currently unloved and undervalued by the market and probably for good reason. Management have failed to add value to assets in their control ie UK and failing to sell the potential of the other assets to the market. CR is inevitable for minnow O/G Company and it's up to the directors to protect share price to minimize any dilution to investors while going through CR periods.
    So a scenario that may bring back some love to Key ;

    Declare Tanzania is an asset the company wishes to keep and inform the market and of it's potential.

    The UK oilfields get some runs on the board by increasing production, it's been over 12months !.

    The WA drill goes according to the original timing plan (this month) and is a success. (33% chance.)

    If these were to happen and it's not impossible, then people will start taking Key seriously and the market will re-rate IMHO.
 
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