So what is going to happen here? KEA share price (the biggest asset?) is down from $10+ to $1.30 within the space of one year, ATP837 has been relinquished, and the kitty is almost empty (btw, anyone know how the Otway acquisition was paid for?). Small Udacha gas resource (if ever developed) would require capital.
CR seems necessary.
Doesn't look particularly promising.
rawson acquires otway energy, page-2
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