Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-404

Also to add - this has been poorly handled. Yes capital raises are required however the price at which this is occurring is very low (following discoveries on two horizons) and also options are being issued like confetti. This smells desperate and leads to massive dilution.

To wonder around at conferences throwing out “it’s enormous” and to then come out with 34.9m net-pay would always disappoint the market. It’s time to support the - it’s enormous - expectation with supporting information/data from the multi million dollar wells paid for by shareholders.