bluebear...
Yes, Namibia is not a bad "distraction" that will now potentially be fully funded via Kiliwani...so we get the next HDR, only this time with little or no dilution due to a self funding model being likely.
So we must ask...what value upside in KEY's price for the next shot at a HDR, but this time with just 130m shares on issue (fully diluted - cash $25m)?
lol
Cheers!
1 tcf, page-17
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