Ann: Quarterly Report for quarter ended 31 March , page-9

re: Ann: Quarterly Report for quarter ended 3... dapper,
For 12 months you have called KEY a sell yet still hold..

I dont get it...

Your reading on UK misses the reasons that have been explained;
- weather and maintenance.

You and I both know that the workover was a success and has improved flow rates.

How can you state that KEY stuffed up the sale of Tz assets?
My reading is that RAK Gas tried to pull a change on the deal and KEY said no... to me that is protecting shareholders...

Asteroider has explained a pretty realistic outcome as far as cash goes, so it is pretty hard to see how "we without any doubt are going to experience a severe dilution of our holdings as they will run out of cash due to the delays in the UK operation."..
Somewhere I wee a raising popping up and frankly I would view it as a positive for holders if it was to be a SPP with attached options... but equally it may never happen as cash from sale of TZ and UK production could put KEY in a very favourable position pretty quickly...

I dont get it... if you really dont like it, what is stopping you selling?

Perhaps you were right when you first called it a sell (as we have just tread water for a while), but I guess we could have all called a dud and come undone.... this is the game we play.