And we still have the potential 70m coup de grace coming up.
Seems discovery was well below market expectations as I suspected, and even below T4P's base case so I am pretty sure they have been stringing us along as long as they could. Probably hoping other news would break re Italy or TZ access.
But I do wonder whether it all falls to Aminex. Surely the stake Aminex purchased from the other JV partner must have been valued with a gas resource estimate months ago.
After two years, KEY have managed to accumulate a shed full of disgruntled investors and just happily have a resolution in hand to gut the register at a huge discount. I can just see how this is going to pan out.
Despite those that dislike my posts on these threads, you cannot blame me. Almost 50% of the no votes for that resolution came from me, so it is not on my head.
Flame away.
KEY Price at posting:
8.9¢ Sentiment: None Disclosure: Held