If you look at the expected cash outflows for the current quarter you will see it is only $800k for exploration and evaluation. IMO, UK will now be drilled in April / May.
Cheers Roznov, I had noticed that bit in the cashflow report and wondered about it considering where they were supposed to be at with Lidsey #2z.
On the plus side for cashflow from the UK, Brent is now trading at US$103.
Who knows, one of these days I just might change my sentiment back to "buy". If I do, it'll mean that KEY is finally making decent progress in which case the share price would've already moved. ;)
Ann: Quarterly Report and Appendix 5B , page-9
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