ep 437, page-6

"I wonder if that was on the cards when EGO sold Gulliver to KEY in exchange for 52m shares in KEY plus half of KEY's interest in EP437"

Surandy70,

It quite possibly could have been, certainly a sweetener for EGO to become the operator. We should see this recognised in our quarterly on Monday also. It makes sense that EGO has become the operator given their interest in Perth and not the Canning (apart from the value of their 52m shares in KEY). Still good news for KEY with an increase in interest to 50%, although i just wonder if they will retain the full 50% going forward given their focus is in the Canning.

Cheers
R