Colby's Response to STX Offer, page-270

For accounting purposes you don't classify something with a useful life of 5+ years as a current asset, its always going to be a non-current asset.

Stop trying to push this agenda that there is some fudging of the financial accounts, its ridiculous. Read the annual report before shooting your mouth off... You can clearly see from below that Walyering was transferred from exploration and evalation assets to oil and gas properties once the final investment decision was made.

fig. 1 Balance sheet - FY22


fig 2. Note 10