KEY 0.00% 0.1¢ key petroleum limited

Gday Surandy70,A little surprised to see you take this view at...

  1. 1,089 Posts.

    Gday Surandy70,

    A little surprised to see you take this view at this stage, it is clear imo that the BRU connection is driving KEY's sp upwards, you only have to look at OBL to join the dots.

    KEY's decision to bring these assets on to our books and ask CM to manage them has given us new life and direction. Sure the cap raising did not involve existing shareholders, and obviously went to his connections, however we needed cash for the exploration program anyway.

    When you look back at what we were faced with the Zeta deal, you have to say at this stage our future is looking much brighter.

    With regards to CM, I would rather wait and see what he does with KEY before making any rash conclusions. IMO, CM has a great opportunity with KEY and I doubt he will waste it, imo I still expect a reverse takeover at some stage.

    Fully agree with asteroider, he has got the company moving again with renewed interest and financial support, all within a couple of months. Surely he gets a tick for that.

    Cheers
    R
 
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