KEY 0.00% 0.1¢ key petroleum limited

"A week to go till the 3rd Quarter cashflow and activities...

  1. 1,089 Posts.
    "A week to go till the 3rd Quarter cashflow and activities reports will be released".

    What's the bet we will see an announcement this week prior to the quarterly. There are so many things up in the air at the moment, Lidsey # 2 drill, WSS asset, Tz drill, and little cash in our bank account yet again. I am expecting our cash balance to be around $3.5m after the 3rd quarter.

    If we sell our 50% interest in WSS for cash, IMO we will have enough to go ahead with the UK drill, otherwise back they will have to go to the shareholders again,???..good luck if that is the case.

    Or maybe they will release news about a new jv in UK, funded through a private placement, who knows?.

    The way Oil prices are tracking, UK is starting to look very attractive.

    Come on KEY, stop promising, and start delivering.

    Cheers
    R
 
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