And for their early commercialisation promises of KN#1 considering the fact that it is now 16 months since KN#1 was announced a commercial well, maybe Aminex are the cause of the holdup given the fact that they are the operators?
I wouldn't say this rights issue has me jumping over the moon given the current sp.
Personally unless they come out with some positive information re KN#1 commercialisation prior to close date (5th August) i will not be taking my allocation.
I doubt that this will happen IMO.
Hope i am wrong!!!
aex presentation at egm today, page-18
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