KEY 0.00% 0.1¢ key petroleum limited

I think the funds are for a drill in Italy.It CANNOT be for...

  1. 502 Posts.

    I think the funds are for a drill in Italy.

    It CANNOT be for working capital for Tanzania. KEY holds 20% of Nyuni. I therefor assume that they will fund 20% of the pipeline cost ... its 3km from the wellhead to Songo Songo ... on level ground ... and probably above ground. I seem to recall that Aminex was claiming a hook-up for about $1.5M ... so KEYS share is about 300K. Correct me if I'm wrong ?

    My money is on a land drill in Italy!
 
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