KEY 0.00% 0.1¢ key petroleum limited

And we still have the potential 70m coup de grace coming...

  1. 17,111 Posts.
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    And we still have the potential 70m coup de grace coming up.

    Seems discovery was well below market expectations as I suspected, and even below T4P's base case so I am pretty sure they have been stringing us along as long as they could. Probably hoping other news would break re Italy or TZ access.

    But I do wonder whether it all falls to Aminex. Surely the stake Aminex purchased from the other JV partner must have been valued with a gas resource estimate months ago.

    After two years, KEY have managed to accumulate a shed full of disgruntled investors and just happily have a resolution in hand to gut the register at a huge discount.
    I can just see how this is going to pan out.

    Despite those that dislike my posts on these threads, you cannot blame me. Almost 50% of the no votes for that resolution came from me, so it is not on my head.

    Flame away.
 
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