KEY 0.00% 0.1¢ key petroleum limited

aminex agm presentation, page-20

  1. 2,814 Posts.
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    What a disgrace, Ken Russell should immediately step aside as CEO of KEY.
    Not only does he not keep his shareholders informed but worse still, he doesn't even advise his joint venture partners of "HIS" intentions of selling out of the Songas project.
    His management style belongs back in the dark age.
    Thank goodness i check out the posts on HC because it is the only means KEY shareholders have of obtaining any factual information that relates to our investments in KEY.
    I think i can state here that most KEY shareholders invested in the company due to the potentialof KN#1, the UK deal IMO was ok to provide some working capital whilst Tanzania was progressed, but now we see the UK expansion experiencing problems and delays, stuff all cash being generated from it and "behind the back" disposal of what we shareholders bought into the company for, SONGAS!!!!
    Let's face facts re Italy, any real progress on these leases are light years away for us,you only have to check out the problems with the ongoing delays Po Valley have had to endure with their Italian successful venture to see what we are in for there!!!
    How can you run a company when you do not even have the courtesy to advise and update your joint venture partnersthat you are selling out on them.
    Did Ken even give any consideration seeing "HE HAS DECIDED" to sell the Tanzanian leases that just maybe Aminex might also have been interested in buying "OUR" share of the operation????
    Ken, do us all a favour and move on will you?
 
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