KEY 0.00% 0.1¢ key petroleum limited

Howdy, new to KEY but have bought a small package recently, have...

  1. 2,000 Posts.
    Howdy, new to KEY but have bought a small package recently, have been following for a while.

    Apart from the usual 'upside' that is well known with KEY and the bag of other junior oilers, KEY hopefully being cash positive soon, and able to fund most exploration and development itself, is a massive positive IMO.

    One major positve is FX, the £ is pretty lame at the moment, so less $AU being spent on UK purchase and development matters, since these are all in £, and oil is traded in $US so, independant of £. It's like getting an immeadiate 25% discount on all purchases.

    I work in Europes biggest oil &gas town, although in medical business development and venture capital. Despite downturns UK oil is still big business and they have some darn good skills over here.

    Large potential with miniscule market cap. Experienced management, whilst not ideal sh info flow. Although this seems to be a frequent comment on most stocks.

    choice



 
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