KEY 0.00% 0.1¢ key petroleum limited

they still have a lot of cash

  1. 245 Posts.
    i think they still have a lot of cash tho, i made a post backabout 2 weeks ago when the financial statements were released. on those statements it shows how mucgh $$$ they used. and what they are predicting to use in the next 3 months


    they knew they went over 40 days drilling so those cost i think were reflected in the financial statements at the time. They used actaul costs not projected costs for current costs,


    and projected what the cost of the next quater would be, they knew they went over so they add more costs to the prediction of costs for the current failed well.




 
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