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re: Ann: Quarterly Report for quarter ended 3... dapper,For 12...

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  1. 6,682 Posts.
    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.
 
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