I agree, joint venture is the most likely move for the future. Canning basin has a lot going for it and the amount of land that KEY has, and given the small market cap, we'll be looking for a big player to come to the show. KEY won't be able to fund much by themselves without issuing a lot more share capital. If the SP keeps moving the way it is though, who knows what will happen.
Do people think BRU would be likely given their real estate in the area and their current interest in KEY? Possibility of a takeover?? Market cap about 17mil. Wouldn't take too much. Probably need to do a bit more drilling I would say
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