Someone on HC suggested these guys are sharks. I was doing some research but cant find anything bad to say about these guys except that they have no oil experience. They challenged the KEY board a while back because I suspect they lost money too!
Since they do not have the experience in oil , they probably would have done just as good a job as the present board.
These guys appear to be quite frugal when it comes to money, they may have kept KEY in a better financial state by not allowing the UK purchase and the recent failure in WA.
My understanding is that they bought into KEY with expectation that the Tanzanian assets would one day reward all shareholders.
KEY would have been fully undiluted to this day !
Chass
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