Ann: Reinstatement to Official Quotation, page-36

Q2 2021 net revenue: A$4.4 million (Q1 2021: A$1.1 million; Q4 2020: A$257k)

“2250% production growth in last 9 months”

Net revenue for the month of July: A$1.8 million (42% spike;

Company expects Q3 revenue to exceed Q2

Company has been successful in reducing the downstream outages, evident in their monthly sales figure data

Q2 2021 Cash and cash equivalents: $1.4 million

Unsold inventory and growing revenue ensures the company is well-funded, “without the need to raise capital”

Q2 2021 barrels of oil sold: 24.5 million vs. 12.9 million in previous quarter

As of today's WTI prices, we have about $480m worth of oil stockpiled.

Renegotiated sales contract (29/06/21) - successfully renegotiated a legacy sales contract for 35% of current production; delivering $100k in additional revenue per month/$1.2 million per year

Annual revenues of ~$25 million should give this a market cap of $250-300 million (10-12x multiple); divided 4.68 billion outstanding shares = $.05-$.08 (note: as of Q4 2019, the PE ratio for the oil/gas industry was 16.79x, using 10-12x here to be conservative)