KEY 0.00% 0.1¢ key petroleum limited

I guess it is inevitable.So how much to keep the staff in...

  1. 17,111 Posts.
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    I guess it is inevitable.
    So how much to keep the staff in salaries for another year?

    500 million shares at 1c for $5m?

    Or will they go for the big billion shares at 1c for $10 million and 'promise' to drill the UK for a third time?

    Or 2 billion shares for some cash and a project to boot?

    I doubt it will be pro-rata though. Only capital raisings at after pumps to higher prices are pro-rata with these sorts of Perth companies.
 
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