Word coming out of the UK is that an operational update is due...

Word coming out of the UK is that an operational update is due from Aminex on Thursday to coincide with their EGM for their capital raisings.

Presumably this is why we've heard nothing from KEY about the seismic.

http://boards.fool.co.uk/Message.asp?mid=11621496&sort=postdate

Kiliwani North - island seismic finishes shooting this week, so results in 6 months? 5 months? 9 months? Songas are struggling with bureaucracy to upgrade the facilities, and their owners the CDC have announced that they are getting out of O&G so it's all a bit slow there at the moment. Really they need to get that seismic processed and a reserve estimate out IMO, but time is ticking on the licence and they will probably farm out some of Nyuni in order to fund another well.