Ok, I found this in a presentation....

Ok, I found this in a presentation.

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KeyPetroleumearning20%interest:-
•bypaying30%costof2wellprogramme,cappedatUS$15.4M,thereafter20%and
•paymentof10%ofoperatingcostforseismicacquisition(AFEUS$2.5M)(Completed)and
•Issueof2millionvendorsharestoAminex(Completed)

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So at the initial drill was planned as 40 days, and we are over 100, plus the second well to go, I assume that KEY has blown it's entire wad, as surely we must be approaching the US15.4M cap due to delays?

So any thoughts as to how strong the major shareholders are, and what price they will be prepared to support the SP at for another cap raising?

I see the top20 only holds 35%, which isnt a good sign, and we had a major shareholder sell down recently.