aminex agm presentation, page-54

Gday dapper4343,

Thanks for the update, following your chat with Ken.

I must admit I am a little surprised he actually spoke about the delay in the UK drilling, he must be getting a bit more relaxed in his old age, lol. I am guessing his good news is in relation to the acquisition they have been working on for a while. I have no issue with the delay in the UK, if it is cheaper to do it in Sept, then fair enough.

Hopefully the sale of Tz is complete by then and we are cashed up to drill without a further capital raising which would be terrible at the current sp.

Given the issues with offshore drilling following the oil spill, we may see a shift of investors back to companies drilling onshore like KEY. Also, if Oil trends up over the next 12 months as i exepct, KEY will do very nicely, especially if Lidsey#2Hz is successful.

I am still happy to hold and wait.

Cheers
R