KEY
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0.00% 0.1¢ key petroleum limited

waiting, page-18

  1. Surandy70
    6,736 Posts.
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    28/06/13
    14:24
    Post #: 11940952
    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.
    KEY Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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