Bought a 5K stake on a whim a while back...never invest on a whim!
The others here don't like the announcement, however, I find it hard to judge without them putting a value on the initial drilling costs. If they are high, and KEY was unable to fund these costs, it might be a sensible decision given where we are at. If the Tanzanian well comes in, it will remain a valuable asset and should not he too hard to fund on a ongoing basis.
The other issue, I suppose is why we are so cash constrained in the first place.
Bought a 5K stake on a whim a while back...never invest on a...
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