key finally gets there, page-31

Philley, you will find that KEY is only doing the minimum required to keep their Exploration Permits in good standing and have been looking for a farmin partner for Waugh #1.

They only have a finite amount of cash, projected to be $3.5m at the end of the current quarter.

All that going slow achieves is to chew up yet more dollars on administration that goes nowhere to improving our share price. We sustained years of that under the command of TE & KR to no avail, why would we want to continue that under KM?

I personally would like a better indication of KM's thoughts on the Goldwyer formation, is there any hope of it being commercial at Cyrene #1? I know they need to do testing to be clearer on that but surely they have an opinion on what they've encountering when drilling/coring.