Agree, they need to provide more information on why they need...

Agree, they need to provide more information on why they need additional funds this year. The more I think about, the more I believe it is to do with that statement in the Strategic Overview announcement: "Assessing new opportunities to add third limb to basin exposure both in Australia and Internationally".

IMO, the deal is probably still being negotiated, hence no further details at this stage, and that is why they need a placement facility only, which is limited to a 3 month window.

Mind you, the way they have worded it, it implies KEY needs an immediate cash injection for exploration commitments, really??

Anyway, I still plan to vote yes to 1 & 6 as i have been encouraged by what KM has done to date. No to everything else though. Hopefully the GM tomorrow will reveal all.

Cheers
R