KEY 0.00% 0.1¢ key petroleum limited

I honestly think KEY should tough it out in Tanzania.I don't...

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    I honestly think KEY should tough it out in Tanzania.

    I don't think a sale of our Tz assets will yield anywhere close to a reasonable $ figure, so why sell just because the assets are going nowhere fast?

    If, and I agree it is a big if, things start progressing over there then the assets would instantly be worth multiples of the current value, whatever that is.

    I suspect (hope!!!) we might be closer to a meaningful outcome.

    Bottom line is Tanzania is a potential company maker, whilst the UK is definitely not. Italy might be, but is a long way behind even Tz at this stage.

    So why sell just because things are moving so painfully slowly?
 
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