Ann: Non-Renounceable Rights Issue, page-44

Thanks for sharing.

Confirms the thoughts about CR linked to any potential deal integrity for SH to get decent value at the table.

I am now led to believe that the recent announcements about extra land, farm-out process and the London presentation were more about trying to get the SP to mid 2c level before launching the CR at prob low 2c range
Sadly the needle didn't move and here we are, company with cap in hand looking for our back pockets once more.

This has to be the last effort without some other drastic action (consolidation included)
- they must secure a farm-out deal and announce this year
- they must get results on WINX

I will take my option and hang on one last time, honestly, if I can exit at mid 4c level and rejoin the party in late 2019 I would be happy based on what I see for the next 12 months.

Happy Hump day