No news re KN#1 in annual finacial report released this morning.
Interesting to note however that the Directors Remuneration has gone from $135,648 in 2007 to, $801,811 in 2008, an whopping 491% increase!!!!!!!!
Not bad for part time jobs, i wouldn't mind getting a gig at that rate.
An update on KN#1 is in my opinion now due as i would like to know what the prospects are in regards to sales of the gas.
This lack of updates is an inherrant problem with all joint venture partnerships, especially when you are not the operator.
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