Member Info for Da_Gee

Take it on all of us.. you lost 10k i'm down nearly x3 that amount.. but rather than saying where the money is why don't start calculating what KEA has starting from the money they recieved from Darwin in Jan and then another big Darwin of 1.2 million and from the July report 'During the first half of 2014 a total of 13,565 Barrels of Oil were sold generating US$1,434,273 of revenue. These figures were achieved despite the shut in of Puka-2 due to mechanical failure of the downhole pump.' and over the last 3 months for July they got 110bopd.. 3300 for July for August until just say 15th got 110bopd = 1650 and for September 2310 = 7260 = $726,000 so nearly $2 million revenue from PUKA alone.. we don't know the cost cutting measure in place maybe they have done it and at the moment it is all speculating.. and that's exactly what your doing.. deep down we are all hurt here.. everyone is bruised BOD;s and II are still here.. news on the following could come at any time MEO and Kea have agreed to commence some initially limited sampling and pressure testing of the Douglas well, which was suspended in October 2012.'' so take it easy pal nothing you or me can do.. wait for the report.. as what your doing is clearly trying to get in buy lower than the current.. your just stabbing the wound currently.. why don't you go to another stable company and try to make your losses here.. what the point in investing in something that is completely gone in your books.. why bother throwing money at 0.3 it could go lower and de-listed loosing you more money.. plenty of other companies out there to make your money back on.. well these days be careful markets are taking a battering!!!.. it's the nature of the beast oil business one thing I have learnt is nothing is guaranteed until drilled no matter what the seismic says!!..

Currently KEA does not have any debts or loans with a bank. even if Darwin are selling there 50 million shares they are not loosing out.. since Jan they have been going long and have made many multiples of there money.. all this is just a bonues from them.. they have already made the money of KEA and us PI's. Yes I agree financing is still an issue which needs to be addressed clearly.. but they are not out yet.. yes it is frustrating to see the low sp.. the SP is down due to sentiment and market conditoions.. everywhere there is a blood bath.. FTSE is down is well..

Morning i'm abit surprised about you ok you have sold out and say this company has not given any go-forward plans etc.. but you have re-iterated many times this will go to 0.3 ..how will your position change if it does.. your out of this share yet you still seem to have the most posts here. not saying that what ever you say or me affects the sp but it does show your intentions. let the report come which is due in 2 weeks time

Check IDSX trades.http://www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=102769

Showing us they have bought shares in KEA.. why would you guys buy this share apart from it's low SP? Or are you guys complete gamblers playing with small loose change? Would like to see why you would buy even at this price.. and maybe wait couple of week for the report etc to see what the company is about!. I know some here have thrashed the company but then said they will be happy to buy at 0.3 levels.. even though nothing has changed.. same people were happy to buy at 2-3p is well.. with 2 producing wells.. Oh well need to study psychology for this :-)