key to present @ excellence in oil & gas event, page-15

KEY reminds me a bit of RDM.

Both have good character people involved IMO, with some impressive past successes.

Both are lowly capitalized and haven't done placements too often (BIG bonus these days IMO).

Both don't announce cr@p and rev things up all the time, but progress steadily.

Both seem to have reasonable cash burn (RDM was sustained by their connections with Phelps Dodge, not sre now).

I think if the UK operations improve, KEY will be able to reduce their cash burn and maintain things until the Tanzanian operations take off (hope).

Wonder whether the UK operations might not only provide cash flow to KEY, but show abroard what KEY people can do. ie Show that KEY can not only discover significant oil and gas fields (Mauritania (HDR), Tanzania), but also can optimize returns from these fields(UK).

Tempted to buy some more, but can't really afford too.

Speculative guess, but I wonder if the likes of Copulos/Eyeson are onto something.... maybe know something is about to happen.... and are, in fact pushing the price down in some cunning plan. Copulos certainly got into HGO at a great time. IMO