Disappointing CR at 2.7c IMO, I thought the permitting & 'hopefully' implied subsequent quick progress forward, would have got a premium.
Anyway KPO is badly in need of $$$, can't run on fresh air & not time to rattle the tin at existing shareholders i.e. SPP. They will need $$ to progress this & 'maybe' some of the $$ will go to buying a gas resource asset, they have talked about this owned producing gas well asset scenario a lot.
Will be interesting to watch the markets reaction to the progress & the CR $$ in the bank. Also interesting to see if it is just 1x BIG cornerstone investor or a few cornerstone/s.
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