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italian offshore permits affected?, page-26

  1. 886 Posts.
    Okay so all this talk of boundries, and concerns etc over Italy, leaves me with one conclusion.

    The faith and excitement that KEY showed in its Italy prospects, is now severly dampened in my view. Therefore I think our best course of action would be the following:
    1. Forget about Italy, unless the most southern tennemant can be used and farmed into The northern two are severly in doubt.
    2. Take Tanzania off the market, and announce that they are doing so.
    3. Sort out the UK, so that we can just have straight production, and not worry about the 2nd Hole to be drilled.
    4. Use available funds to cover the Aussie drill, and if successful, hopefully things will sort themselves out.
    5. Last resort - capital raising. Might even need to slot this in earlier, to get funds, but if they bring back tanzania into the equation, people might be interested again, and hopefuly the SP can start to rise before the raising takes effect.
    6. And this one is in no particular order - TAKE A PAY CUT. Directors that is, so that cash-conservation can begin. It will reap them greater rewards in the long term!

    Just my view - I'm sure others will have theirs.
 
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