The other aspect which seems to have been lost by some is that the initial transaction was done back October 2011 (almost 6 months ago)which was well before the hype around the Canning took off. KEY were very fortunate with the timing and that they only had to place 52m shares at the time, had it been done now, one wonders how many shares would have been involved in the deal. A nice break for KEY holders.
I understand from the EGO thread that a meeting between the EGO board and selected concerned shareholders will be held in about 2 weeks. Personally, I am not expecting too much to come out of this, other than CM explaining his actions. From what I have read the man is a GEO genius, it would be great to have him full time at KEY working on our Canning assets if he was to stand down at EGO.
Cheers
R
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