tz sale inevitable, page-4

The Kiliwani North field has a P50 of 45BCF, not 40BCF. See recent release from Aminex.

KEY currently has cash at bank of about $3.5m after this capital raising, enough to cover immediate term plans and I fully expect that they'll have a resolution at the next AGM to ratify the issue of 15% of shares thus enabling them to issue a further 15% following the AGM. If they (and we) are lucky, by the time of this drilling the Tanzanian government would have given approval for expansion of the Songas plant and the first well drilled would have positive results thus underpinning the share price to enable any further raising to be on more beneficial terms.