They been there since at least Friday, I saw them there when I saw the announcement from KEY about the Non-Renounceable Entitlement Offer Prospectus being available for download from the KEY website.
The Pursuit Capital valuation is laughable at best. Cost of oil production assumed to cost US$11.30 per bbl???
Perhaps Pursuit should have read the annual report, the operating costs are vastly in excess of their assumption. I'd love to know where they came up with a 3% decline per quarter rate.
The whole document is riddled with rubbish assumptions/forecasts. And to think KEY paid for this "research" document.
They been there since at least Friday, I saw them there when I...
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