KEY 0.00% 0.1¢ key petroleum limited

Surandy,It looks to me that KEY will not be drilling anything...

  1. 2,814 Posts.
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    Surandy,
    It looks to me that KEY will not be drilling anything for several years as they need a joint venture partner and considering the time frame that has now been in place one could be forgiven for thinking that is not going to happen?
    I am not having a go at management as i believe Kane is doing a good job especially in comparison to his predecessor, but the facts are that money is tight and i can't see anyone bobbing up to finance any KEY leases.
    The share price IMO will remain at best somewhere between $0.009 and $0.013 until they find a cashed up partner and unfortunately i cannot see that happening?
    I think i might bite the bullet with my long held shares and look at what is left and invest in something more short term than KEY?
    Cheers,
    dapper
 
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