Actually that could be a good option - divestment. Get the new company to pay for the tennemants - raise 30m in an IPO and pay KEY 10m, and then be cashedup for drilling. Already got gas in place - so alot more attractive to investors.
KEY has $10m to work on their other tennemants (read paying excessive wages for 5 more years without acheiving much).
Or course - give us shareholders a priority discounted offering in the new company. Everyone's happy.
I mean really. Our market cap can easily be justified just on UK, Italy and possibly Australia if they can pull of their drilling and production. The SP doesn't even factor in Tanzania I feel.
Anyone game enough to suggest that to the board? I wouldn't even know where to begin!
tz, page-61
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KEY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $116 | 116.0K |
| KEY (ASX) Chart |