KEY 0.00% 0.1¢ key petroleum limited

Both stepping up.Imagine if Aminex gets a big gas disc at...

  1. 17,111 Posts.
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    Both stepping up.

    Imagine if Aminex gets a big gas disc at Nyuni-2 as per prior indications from the last drill?

    I expect the people behind Zeta would be even more desperate to get their hands on KEY.
    We might even see bidding to 4c to make sure the reverse T/O happens. Even if they spend $500k on shares, a big discovery would add millions to the value of KEY and hence, due to the dilution, to their pockets.

    But of course we have this mysterious timing of the AGM at around TD on the drill and the unprecedented complete news blackout by Aminex on drill progress. Almost as if there is a conspiracy between multiple companies to gut the value assets from KEY, Eh?!

    Given a possible conspiracy, the drill result will probably be delayed till post 3 day settlement prior to the vote.

    But If, if, if, we did actually get a positive result early enough to have an effect on voting, it would not surprise me to see this at 4c by the AGM. Millions of dollars of potential future profit will be at stake.
    Profit that could be cheaply moved for under $1m from the pockets of KEY shareholders to Zeta shareholders.
 
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