Ann: Key Petroleum Enters Australian Oil Hunt , page-3

Key question for me is how the hell they are going to fund it? I smell a cap raising unfortunately! I don't think production (read profit) from the UK is going to be enough to cover this. When are the monies expected to be expended? When is it to be drilled?

More questions than answers at this stage.

However if this is lower risk shallow play, it could be good over the long term for us providing they pull it off.

Just the short term cash-flow and capital raising I am concerned about. Especially at this current low price!