research papers on key website, page-2

They been there since at least Friday, I saw them there when I saw the announcement from KEY about the Non-Renounceable Entitlement Offer Prospectus being available for download from the KEY website.

The Pursuit Capital valuation is laughable at best. Cost of oil production assumed to cost US$11.30 per bbl???

Perhaps Pursuit should have read the annual report, the operating costs are vastly in excess of their assumption. I'd love to know where they came up with a 3% decline per quarter rate.

The whole document is riddled with rubbish assumptions/forecasts. And to think KEY paid for this "research" document.