email, page-9

Interested to read other posters thoughts and the speculation about a further placement.

I must admit I'm going to be even more peeved if there is a placement. We don't need further dilution until some meaningful progress is achieved on even one of our projects. Beggars can't be choosers. I'll even take the workover on the UK assets at this stage, regardless of the fact that this project is definitely not the company maker for KEY.

Here's a thought Ken & co - how about you actually see one of the projects through to fruition before contemplating any additional purchases or cap raisings? And how about respecting corporate governance requirements and your existing holders by ratifying AEX's recent announcement and confirming the likelihood of progress at Nyuni, and while you're at it fill us in on what has happened in Italy?

Still holding, and still plan to see this through one way or another (patience is beginning to wear thin though). Sad that one upside to the lack of progress is that my KEY holding is becoming less material to my portfolio all the time.