Ann: Release of Escrow, page-84

It is very frustrating, despite increasing production over the last year, the share price has not responded very strongly to the rising oil prices (at various times), but always seems to respond when the oil price falls.
For example, oil prices were around $80 in October 2021 and production for Q4 2021 was ~3200 boe/d and in Q2 2022 it was 3800 boe/d and much higher average oil prices. Now oil prices are around where they were a year ago (not accounting for weaker Australia dollar) but production is probably still around the same as Q2 2022. And in the meantime, much drilling has been done and debt has been paid down dramatically.
In October last year we were trading 18-20 cents. Now we are around 12-13 cents.
Crazy.