bigger fish to fry

Big deal the share price going back to 2c.It would be nice to have a good result,but really it is a pissy little sideshow to the main event.

Read the posting on Buru by the speculator 101 on the 19 November.Key is the third largest landholder in the Canning and it was reported that Eric Streitberg said eventually they will pay similar prices here to the USA in future in the shale gas rush.
Here are the facts;

1FMG have farmed into OBL.Key is on trend to these leases.Lets see what happens.

2.Hess recently bought some leases but they willtake 2 years at least to clear environmental conditions
3.Bhp and other big parties not yet mentioned in the newspapers are in the mix.
3.Guess who is left with the largest acreage ready to be farmed into and from what I read nearly every day there is a land rush going on in The Canning,but the trouble is it is already taken.Prices for acreage is rising quickly,the the trend is that the big market caps will eventully get the control of these riches but they will have to pay for it.Key should have market cap far in excess of what it is now

Patience is required,as it has only yet began,and each discovery in this sparsely drilled basin or reserve upgrades will spur on further activity