KEY 0.00% 0.1¢ key petroleum limited

Disagree Spector.If it's good and indicates that the discovery...

  1. 259 Posts.

    Disagree Spector.

    If it's good and indicates that the discovery is as big as Aminex and RAK think (both have more equity in the project than KEY) then I think it will settle at around 50 cents. This is not a normal discovery due to the fact that it will be online in lightening quick speed with KEY realising profit well before the end of 2008. Remember, Mkt cap at 50 cents is equal to $43,000,000 - piss in the oil & gas industry.

    If it is bad then you can expect to see the oppies valued at less than .5 cents, and the heads will get smahed to about five or six cents.


    Read the announcements from all JV partners folks...

    SS.


 
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