KEY 0.00% 0.1¢ key petroleum limited

the missing tanzanian well, page-6

  1. 6,736 Posts.
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    Ill-timed?

    If they didn't include it in the AGM notice and it turned out they do need more funds then they would then have to either do a SPP/rights issue (I'm sure the result of the last raising has put them off that path) or hold an EGM to enable a placement of more than 15% of the issued capital.

    Either a SPP/rights issue or an EGM would result in additional costs that could be avoided by voting on it at the AGM.
 
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