the missing tanzanian well, page-6

Ill-timed?

If they didn't include it in the AGM notice and it turned out they do need more funds then they would then have to either do a SPP/rights issue (I'm sure the result of the last raising has put them off that path) or hold an EGM to enable a placement of more than 15% of the issued capital.

Either a SPP/rights issue or an EGM would result in additional costs that could be avoided by voting on it at the AGM.