Amer222333, at the end of the June 09 quarter KEY had cash of $5.5m
$4m was used to acquire the UK assets, so with the capital raising that left them about $6m.
At the end of the December 09 quarter they had $4.4m, the other $1.6m was spent on administration, exploration & evaluation (ie seismic).
http://www.keypetroleum.com.au/reports/20100129Appendix5Bto31December2009.pdf
wag time, page-21
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