KEY 0.00% 0.1¢ key petroleum limited

Ann: Quarterly Report for quarter ended 31 March , page-7

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  1. 2,814 Posts.
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    re: Ann: Quarterly Report for quarter ended 3... If i read another post re how wonderful it is that we have Ted Ellyard on board i am going to spew!!!
    First we are told how his experience factor in Africa would be a bonus,now i read that he is the Italian Guru as well?
    The truth of the matter is that it is a mates club at KEY picking up their directors fees and free options etc.
    I bought into KEY as i have stated numerous times now on HC simply due to the KN#1 success and expected early commercialisation,now they are trying to flog it off and it appears that they have allready stuffed that option up at the moment?
    The UK play we now see production at half the output prior to KEY's involvement?
    The facts now are there for all holders to see, Ken and his merry men have completely stuffed up and we without any doubt are going to experience a severe dilution of our holdings as they will run out of cash due to the delays in the UK operation. A cash raising will be the next announcement we read about.
    And to think i told my hairdresser to buy into KEY?? I certainly wouldn't ask him for a shave with a cut throat razor at the moment,fortunately i probably won't need a haircut anymore as i have pulled all my hair out thru my frustration in buying KEY shares.
 
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