Dapper,The report is an Interim Half Yearly Financial Report. As...

Dapper,
The report is an Interim Half Yearly Financial Report. As such I do not expect it to contain much of an update on operations. I presume that KEY will soon be releasing its annual report and there I WOULD expect to see a very full disclosure of the 2009 achievements (not that there have been many) as well as an FULL and COMPREHENSIVE update on status of current initiatives/projects (Tanzania, UK and Italy) and very definitely some direction as to what KEY management intend going forward.

I am a long term holder (dare I say, a top 20 holder) but I am becoming increasingly frustrated at the lack of disclosure of the status of the major projects currently underway. It is the OBLIGATION of KEY management to keep its shareholders informed ... and KEY's management have failed miserably in this regard.

I get more pertinent information from KALMSG than I seem to get from the people whose salaries I have contributed towards.

I do believe that KEY has some valuable assets; but like many here, my patience is being sorely tested; I am beginning to question the competence of the current management team to convert the opportunities we have into tangible returns.

One take away from the Half Yearly Financial Report that particularly concerns me is the only strategic statement of any sort in the report and that is the intention of "....reviewing global opportunities that will provide future growth". As a shareholder, I want to see forward movement in monetising the current projects; KEY is far to small to be thinking about more global opportunities.

I patiently await some TANGIBLE progress in seeing the current projects MOVE FORWARD ... which if they don't happen, should result in some management sanction ...