capital raising, page-8

?Hey Roznov, this company has made lots of statements about when they expect things to happen and they have been wrong on every count so I doubt if the Lidsey #2Hz will go ahead in November?.

Yeh, fair call Surandy70.

I have a sneaking suspicion though that even with the recent dismal attempt to replace the board, Ken & co have the got the message loud and clear about what they need to do.

You only need to look at their recent presentation, there are some pretty clear near term timeframes. I don?t have any insight into their thinking, but I am sure they are dead keen to have some success in Oz or UK before Tz comes up for discussion.

Success in UK would bring almost immediate inward cashflow, where OZ will take a little longer. I also remember reading somewhere that it would be cheaper for KEY to drill UK in November by sharing the use of the drill.

Anyway, it goes without saying that success in Oz is a must for all holders.

Cheers
R