KEY 0.00% 0.1¢ key petroleum limited

unloved & ignored, page-13

  1. 1,214 Posts.
    EGO certainly gave KEY a lifeline when it 'gave/sold' us Gulliver with its BRU farmins.

    I really thought KEY was a goner when we were involved in that last 'takeover' debarcle.

    I've averaged down from my 22.5c purchase eons ago and since receiving the EGO lifeline i have bought a few more. a few months ago we were dead and not worth feeding. I'm now seeing KEY as a cautious buy with the free carry Cyrene 1 well a possible saviour.

    I'd like to think Kiliwani Nth could be a saviour as well but even if the gas gets into a pipeline i cannot see it being sold at a decent price.

    not much cash left ($700k) but with only $268m shares i believe we will survive.
 
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