IMO.......the recent rise in sp recently is definitely related to the initial spudding and current drilling of Dominion Petroleum's Mihambia-1 exploration well, and the potential upside in KEY's assets if they have success. If this is true, you can expect IMO the upward trend will continue over the next week or two pending results. There is good support around 9c at the moment IMO and expect buyer depth will strengthen as we get closer to seeing DPL’s well results.
Cheers R
KEY Price at posting:
9.1¢ Sentiment: ST Buy Disclosure: Held