KEY 0.00% 0.1¢ key petroleum limited

This is a...

  1. 17,111 Posts.
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    This is a laugh!

    http://translate.google.com/translate?hl=en&sl=ro&u=http://saakra.ro/blog/&ei=sZzZTYirDYGSuAPygvn_Cw&sa=X&oi=translate&ct=result&resnum=5&ved=0CEsQ7gEwBA&prev=/search%3Fq%3D%2522puma%2Bpetroleum%2522%2BOR%2B%2522key%2Bpetroleum%2522%2BOR%2B%2522funguo%2Bpetroleum%2522%26hl%3Den%26tbs%3Dqdr:d%26prmd%3Divns

    "The company is greater than the Zeta Petroleum"
    "Zeta sought to a stronger partner".

    Hmmm. So why are we paying around 30 million for small unproven, marginal projects and multi millions of debt while valuing our projects at close to zero?

    Apparently there are reports of problems operating the UK fields. I cant remember the Ken telling us about a problem?

    But wait, it gets better. From this translation it looks like Zeta had an oil blowout when testing an old well and has caused a local agricultural disaster with oil pollution. They appear to have spilled "a million or so barrels".

    I guess we might also have to fund the defence of a lawsuit after Zeta goes public and the funds become limitless?

    http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3D%2522puma%2Bpetroleum%2522%2BOR%2B%2522key%2Bpetroleum%2522%2BOR%2B%2522funguo%2Bpetroleum%2522%26hl%3Den%26tbs%3Dqdr:d%26prmd%3Divns&rurl=translate.google.com&sl=ro&u=http://www.adevarul.ro/locale/timisoara/Compania-Zeta-Petroleum-pierdut-Jimbolia_0_455954485.html&usg=ALkJrhiQOwvRS8woGRCZhJZPgdN4yIF3gA

 
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