Regardless of commercialisation I fully intend to take up my entitlements. I even toyed with the idea of going for a few extra rights on market today.
As I mentioned last night, commercialisation still has a few hurdles to overcome which is largely out of KEY's hands.
The seismic and the processing of that data then combining that with yet further reprocessing of previous data will happen over the coming weeks/months. From what was posted in the UK we should get an update around mid to late August regarding the seismic and what it means for the KN#1 discovery.
What is within KEY's control at the moment is the UK purchase and upgrade, and action in Italy is imminent.
aex presentation at egm today, page-25
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