Ann: Share Purchase Plan Update, page-97

just bought some at 10.5c just in case I miss out on the SPP I decided to buy in just in case. I look at it like this...
1. If I miss out on the SPP I wont be the only one scaled back it's all participants.
2. If we do get $9.9mil as suggested by some on here then that will leave $6.3mil of money wanting in in SGQ which is around 15% of the company's current value to support current SP value or increasing in value.
3. If we get some news on drilling next week being positive then this thing will go off so am not willing to take risk of missing out due to SPP scaling back then be disgruntled I can't believe it.

I am upset by JP going to instos but I am happy he gave us a shot also. I do believe he should've just raised to holders and not instos and I do believe if its oversubscribed as some have suggested most likely will be will prove my point of shareholders will support where they see value and at 8c is absolutely a bargain but even at 10 or 10.5 it's still a bargain imo.

gltah.