Oops, I left out the other reason, the one CM gave to EGO shareholders.
EGO shareholders were told the spin off of the Canning assets were so CM & EGO could focus on the Perth basin assets.
That reason appears to be a total furphy given that CM is still involved in the Canning assets via his chairmanship of KEY and with both companies being run from the one office.
Oops, I left out the other reason, the one CM gave to EGO...
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