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Kairiki deal unfair, but reasonable

THE sale of Kairiki Energy's Philippines assets to its major shareholder, Singapore-based IMC, is...

Haydn Black

If the sale doesn't go ahead Kairiki will be unable to repay its $488,000 loan with IMC which became due in April. IMC has withdrawn its support for the junior explorer, and if Kairiki isn't able to...

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