KEY 0.00% 0.1¢ key petroleum limited

Whitepointer - where there are coming from is that they can't...

  1. 887 Posts.
    Whitepointer - where there are coming from is that they can't afford to fund the exploration costs, well not currently anyway.

    Put it this way - its like a man on centrelink benefits, and no assets, driving a lamborginie. Sure the car looks nice, and sounds great, but the guy really can't afford it! So he has to get rid of it.

    Now hopefully some things go our way, and we get production out of UK, and WA drills, which helps with cash-flow. Or alternatively we recapitalise/or sepearately list (lvoe that idea) to be able to retain Tanzania. In essence the guy with the nice car gets a job, and some stable income!

    Time will tell!
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.