re: Ann: Appointment of Kane Marshall as CEO ... The corporate...

re: Ann: Appointment of Kane Marshall as CEO ... The corporate play involved laying the ground work. In this case getting control of the board and a substantial shareholding as well as giving KEY something that most EGO shareholders appear to want, the Canning Basin assets.

The next step as Roznov points out is for a reverse takeover, ie KEY to make a play for EGO. Without the Canning Basin assets in KEY's control then I doubt EGO shareholders would be interested in our other assets so the vote probably wouldn't succeed.

The other possibility is that no such play is in place, and this is just an easy way for Craig Marshall to line his own pockets without much extra work. He's now getting paid as CEO of EGO and Chairman of KEY.