KEY 0.00% 0.1¢ key petroleum limited

I don't think I would be wrong in saying that all hopes of the...

  1. 886 Posts.
    I don't think I would be wrong in saying that all hopes of the current board, and us fellow shareholders are relying on success in the WA drilling tennament. I agree a failure there will not be good for anyone.

    Success there, might hopefully improve the share price (less dillution for a capital raising), and if we can get into production quickly (not likely with this companies history), then we can get cashflow quickly.

    There are alot of companies in the ASX who have drilled a hole, struck oil, and the SP has gone off like a rocket. The questions I have include, is there any possibility we could have, if successful, one of those wells, and how quickly can it, again if successful, be commercialised?
 
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