Ann: Operational Update - Uganda Oil Project, page-24

Just a small holder. Yesterday bought 100K shares at 5.4, because of the price, and I doubt the spp will allow me to keep from being diluted.
The sooner the spp is done and over the better. At the least the company can spell out the terms and entitlement date and let any holders who want more because of the Santos deal some certainty re their entitlement.
Basically I think the biggest believers in the company (the shareholders) don't know if they can buy what they want via SPP or if they should buy or even sell on market.
Until management spell out the SPP details no one can update their spreadsheets and calculate a share valuation. IMHO i think the current price is only due to SPP uncertainty and will improve as soon as details are released. GLTA