access, whilst it pains you we also need to acknowledge Aminex...

access, whilst it pains you we also need to acknowledge Aminex in this...

There are financial constraints here and if Aminex go out and say they are drilling 5 wells next year the first question is going to be "... how are you going to pay for it.." they need to send a message that they are being responsible with cash.

They have 2 things that need to be sorted prior to anything else... KN1 seismic and Ruvuma Funding.

KN1 seismic will dictate where they go with funding (if it is great their sp will rise hence improving the deal raising cash for Ruvuma). They will then have a market screaming to drill more holes rather than complaining about cash funding..

It would be great fot KEY to get into Rumuva, but we are better off waiting for seismic as it lifts our deal; should we even be looking at it.

Hence.. (imho) Seismic is KEY for us... Ruvuma, if we can get in would be great.. but not at any cost..

Aminex have an audience to play to.. it is not us..

KEY must first look after KEY.. I read it as pretty good news..