In relation to my last post the bottom line is that when the...

In relation to my last post the bottom line is that when the flood gates open Key must have no more than 440 million shares about what they have now.No raising of money for example 200 million at 1.5 cents to give it $3 million just in order to satisfy the shareholders that want to keep the programme moving,and then the next.That is a no brainer.The best way of ensuring misery and oblivion.

I dont know if any of you read the Perths Sunday Times last week,but i will quote to you the standouts,on a boule page special"Superbasin that overwhelms the rest"
"Dale Griffen,onshoregas research officer for the conservation councilof WA-"theres anywhere between 8-12 times more gas in the Canning basin as there is in the Browse"
Later he says he thinks a takeover is highly likely(meaning Buru)with some of the bigger players sniffing around such as BHP.

Mr Streitberg acknowledged that he is considering a partial sale which would help fund the $500 million pipeline." we have been approached by a number of people-ranging from major international companies to midsize companies-and we have been in discussion with them."
And so it goes on....

Just recenly Chevron surprised the market and agreed to a shale gas deal in the Cooper basin with Beach Energy for $349 million.

No wonder HC BRUs thread is all talk of who is going to buy in or takeover.

BRU is also starting to get a lot more brokers interested in the proceedings.If BRU went to $10 Key can go to 10 cents on 440 million shares but I dont want to be around if in 2 years Key goes to 4 cents on a billion shares because some of you want to keep drilling or trying to add value by spending money.

We just have to be there with as few shares as possible when it all happens