Speccy, aren't they intending to core the Cyrene well? Not sure about how much, but this can be expensive and time consuming.
However, presumably once the $3 mil is used up, Key only have to pay their JV % which is 20%. So even if the well ends up costing $10 mil, Key's contribution will only be $1.4 mil.
Still, $2.4 mil is not a lot of cash, so I would expect to see a CR in the new year.
Wish I'd looked into this earlier. Sigh.
- Forums
- ASX - By Stock
- KEY
- anyone made any profit from key?
anyone made any profit from key?, page-8
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KEY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KEY (ASX) Chart |
Day chart unavailable
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online