Hey Surandy70,It certainly appears IMO commercialisation will be...

Hey Surandy70,

It certainly appears IMO commercialisation will be closer to 2010 than 2009, based on what we are hearing. As you know commodity prices have taken a hammering recently, the delay may work in our favour if we see commodity prices bounce back over the next 12 months.

KEY is all about cashflow at the moment and appear to be very reluctant to spend any cash IMO. That is why I think any options strategy undertaken now by the company will be a smart way to raise capital in about 12 months time to assist with production costs. The directors have recently been issued with 30 Nov 2010 options with a strike price of 50c. I wonder if we will see some option deal done for their shareholders with similar timeframe / exercise pricing.

Cheers
R