Roznov,what was key sp at 2007? Just curious.I think the coming...

Roznov,

what was key sp at 2007? Just curious.

I think the coming result of the seismic (aug 22) is crucial for key. The following is based on my feeling:

1- Poor result ==> sp arund 8 cents.
2-Average results ==> sp above 30 cents ==> plan for production will follow ==> sp above 50 cents.
3- Better than average results ==> sp above 40 cents ==> plan for production ==> sp above 70 cents.

I think the chances for (1) are 20% and we have 80% chances for (2) or (3).

Yes. I acknowledge the fact that this is a wishful thinking. But, I also factor in the fact that key found gas and this survey to confirm the find from last year...in a way, we have low risk for poor result...

Anyone here with industry experience (oil&gas engineer) could comment on the chances for a poor find giving the fact key drilled and found the gas last year?

To be honest, I am tempted to buy but I am scared. I already hold a nice number of shares.
Thank u,
Aer.