Ann: Quarterly Report for the quarter ended 31 De, page-4

re: Ann: Quarterly Report for the quarter end... Quarterly states:- "Approximately AUD $400,000 received by company from oil sales during first 3 months of ownership and operation"
This was achieved as we all know during some of the worst conditions in the UK for at least 30 years.

Whilst the $400,000 in sales sounds ok what they fail to state is how much were the operating costs for that same period?

I guess from reading between the lines re KN#1 that we can forget about anything happening here for years.

Overall assessment:-
IMO time to accept the fact that KEY maybe has long term (very, very, long term)potential but time for me to say cheerio and place my funds where the potential returns have a better prospect of earlier improvements.