On May 11, 2018, Keybridge Capital Limited announced that on May 8, 2018, Molopo Energy Limited released March 2018 quarterly report and an ASX announcement which provided information about the Company’s investment Orient FRC Ltd and Company’s another investment in Drawbridge Energy Holdings Ltd. Keybridge Capital stated that it has identified a number of concerns about the above Orient/Gil Feiler and Drawbridge transactions and the conduct of the current Company board, who are all standing for election at the upcoming annual general meeting.