KEY 0.00% 0.1¢ key petroleum limited

Well clearly you're losing, and losing very fast. Comments such...

  1. 20 Posts.


    Well clearly you're losing, and losing very fast. Comments such as these are so transparent. It demonstrates that you simply don't understand simple things.

    The JV must:

    - find industrial customers
    - find power customers
    - explore possibilities of supply
    - JV with TANESCO?
    - JV with Songas
    - JV with World Bank?
    - JV with Tanzanian Govt?

    - what tax structure?
    - will the Kiliwani gas be subject to a 'protected gas egreement'
    - will the JV pay a tax to Songas to use the Ubungo power plant?
    - JV could decide to export to Kenya instead, a situaton in which decisions similar to those above must be made, or the JV might consider both options!

    Do you think it would simply take a month or two to figure this out! That's laughable! - and remember, the JV is just that, a JV, so they must agree on everything amongst themselves before appeasing external interests!

    The company won't come out with a report to suit you. In the meantime you'll keep on losing.

    The options will unfortunately not expire in the money (agree with Mudguy) and the heads are heading lower. I expect to add to my portfolio when they reach 15 to 16 cents on more bad news from the DJIA.

    Can't believe I have been bestowed with the opportunity of picking these up for sub-20 cents, kind of similar to mugging someone. It's awesome!

    SANPAL.
 
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