KEY 0.00% 0.1¢ key petroleum limited

waiting, page-18

  1. 6,736 Posts.
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    Cash burn rate should be around $250k per quarter for overheads, administration, directors fees, etc.

    $500k or so earmarked as KEY's share of exploration costs for the quarter ending on Sunday, ie 30 June, presumably that is for Waugh #1. So even at the current price of 0.7 cents per share it is still at a discount to cash.
 
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