KEY 0.00% 0.1¢ key petroleum limited

Nice little spike in NSE on the announcement. Last trade prior...

  1. 6,736 Posts.
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    Nice little spike in NSE on the announcement.

    Last trade prior to the Nicolay #1 drilling update was at $0.435 it then rose up to $0.485 before ending the day at $0.48, trading in KEY on the other hand was quite muted.

    I actually thought the announcement by NSE was quite neutral, largely just reporting the facts without trying to pre-empt the result one way or the other. Which with a play like this is as it should be until the well has been completely drilled and tested.
 
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