Extension of spp makes sense - no doubt mngmt banking on up- kick of sp following notification of spud. However, you still need a sp north of 0.20 for people to take this up. Given drill results are taking us beyond the last possible acceptance date, I'm a bit puzzled how management is going to make this work. In my view this puts an artificial ceiling on the stock for the time being. Lets hope I'm wrong and missed something.....
Ann: Further Extension of Share Purchase Plan , page-2
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