Ann: Exploration permit status granted offshore I, page-32

re: Ann: Exploration permit status granted of...
I have no problem in KEY's decision to sell their assets in Tanzania to focus on Europe. Sounds like a good call when you look at all the problems they were faced with, to actually get revenue from these assists.

The million dollar question is, "what is a reasonable price"???

Is it realistic to draw a line against the value Aminex obtained with their 10% purchase recently?.

The other positive I believe is that given the drilling of the UK well is now mid-2010, the sale of these assets may be complete by then and we could be sitting on a fair bit of cash, hence avoiding any capital raising this year.

Any thoughts

Cheers
R