vanuatu anyone?, page-14

Hi guild,

I've been giving this issue (smokey) a bit of thought this morning and IF something was to be announced in relation to a JV arrangement in Vanuatu it would significant for both companies! Indeed it would place not only KEN in a completely different arena from it's industry peers but the upside for CKK would also massive. Win win as they say ;)

I'm not sure how exactly CKK would be able to fund their part of the JV, I suppose I couldn't get past them having to yet again go to market and raise yet more capital, however what you say makes perfect sense. Indeed to reiterate it would seem to be almost the perfect partnership.

I would also add in a discussion with WS last year I mentioned KEN to him and without saying so in as many words the look on his face and what little he did say spoke volumes!

Exciting times

WC8