Hi Matt,
I'm sure this will be covered as the majority of us here, are thinking same.
If Scott is so confident with the chance of success at the Mukuyu and Baobab Prospects why be so generous with the 1 for 1 free attaching options.
Surely he could have raised funds without being so indifferent to the majority of long term share holders, who once again have been passed over.
You can also so say that I thought he got the message from share holders after the last share holder meeting and vote for the tranche of freebies which were given away without thought for loyal holders.
We were told, led to believe that the company had sufficient funds for the first well.
The funds for the second well, being outside the original license, were not needed to be raised with such urgency.
In fact, going back to the original question, why not drill the Mukuyu well and raise at a substantially higher price for the second well, if so confident oil / gas is present.
People are disappointed again, you might say pissed that they have been treated again with such indifference.
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