re: Ann: Notice of Annual General Meeting/Pro... Agree that it's...

re: Ann: Notice of Annual General Meeting/Pro... Agree that it's not a good look that Camac are selling before drill reaches target.

I don't think Camac have to give the shares back on a no vote, just restricts future placement capacity I think.

They may want or need the money for a host of reasons. Could they know for certain what's down there?

The company should have paid 100% cash or had some selling restrictions on the shares/made them performance related imo, asked what Camac's intentions were.

Appears plenty of buyers to have a punt having soaked up most of a large overhang in October.

Buyback safety net, still near cash backing if wells are no good. I reckon into the twenties before news if volume doesn't tail off.