KEY 0.00% 0.1¢ key petroleum limited

re: Ann: Good Oil Conference Investor Present... I for one am...

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  1. 668 Posts.
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    re: Ann: Good Oil Conference Investor Present...
    I for one am keen to retain the TZ assets as they without doubt have the potential to add very significant value to shareholders in the medium to long term.
    Key is an exploration company and should be focused on getting the best value out of its assets and that means we need to maintain our interest and stump up the funds to progress the development of this asset.
    With the current market cap and share price and the need to raise aprox $7m early next year I believe we should be looking at a recapitalsation of the company.
    Would like to see all shareholders given the right to decide on the retention of TZ and the method of raising the required capital - this should be done via a vote of shareholders with the paperwork going out prior to the AGM
 
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