TCTC, KEY's share price has decoupled from that of Aminex in recent times.
This is because:
- Aminex (in partnership with Tullow Oil) are soon to drill in southern Tanzania;
- KEY are focusing on the acquisition and improvement of producing assets in the UK.
Until further progress is made on the KN#1 discovery, further drilling in the Nyuni block and/or drilling in West Songo Songo then the two companies will continue to trade independently.
KEY & Aminex are joint partners in Nyuni & West Songo Songo (KEY's interest is 20% & 50% respectively).
TCTC, KEY's share price has decoupled from that of Aminex in...
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