Gday Philley,
Good post, some people just simply don’t get it.
A few of the sour tasting posts are from people who have lost money in the companies they have invested, which unfortunately is a fact of life investing at this end of the market. As they say, harden up and get on with life!
Sure, the old KEY was a disaster and through good fortune, long term KEY holders have a chance to recover some of their funds with a new focus on the Canning.
IMO, what happened at OBL (ie: FMG) should not be taken lightly in terms of the potential opportunities KEY management will have knocking at their front door over the next 12-18 months imo. A sniff of success at the upcoming drill, and watch the real action start from a corporate sense.
I also understand that BRU was a spin off from another company and has simple taken off through success at the Canning.
With KEY’s new strategy, which has seen all our old assets sold off and the smart purchase of a few permits in this area, you could say KEY are now in a similar position to BRU before they had success. Good Luck to all holders.
Cheers
R
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