Gday Surandy70,
I hear what you are saying and agree on the surface it does not make sense to do a reverse takeover now that our other assets are being sold off.
However, for the new look KEY to survive in the Canning and not get bought out by a bigger player, they may need to enlargen the KEY Company.
One way imo is for CM & KM to merge the two companies, KEY will then have the revenue from EGO to pay for the drilling at the Canning from 2013 onwards, and EGO holders will have 100% access to the Canning and not 16%
..........everyone is happy then, lol.
Don’t ask me about the details, lol
Makes great reading, but is it possible, who knows?
Cheers
R
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