There's no chance CBA or any of the other Big 4 banks would provide a loan to a company that wants to develop a gas discovery offshore Tanzania.
They will have to look at European banks or maybe even the World Bank. I place an early bet on >13% interest on any loan. I would prefer this than have to wait for production to begin in earnest from KN-1.
Yes Askier, I think SS West is the ace in the hole for Key Petroleum and management will look to exploit this soon. 50% interest and operatorship are more valuable than 20% for Nunyi.
Let's get the ball rolling!
Mudguy.
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