Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

I like the last bit. Though I suspect we won't see any major activity until towards the end of the Q2.

$15mil still in the bank - that is another good point.

Further exploration well permitting
Blue Star has submitted new location applications (Form 2As) for four further helium exploration
wells, State 35 and State 36, located at the Company’s Pegasus Prospect and, State 9 and State
16, located at the Company’s Galactica Prospect.
Final approved permits to drill (Form 2) for these four prospective wells are targeted for receipt by
mid-CY2022.
Blue Star also expects to submit further Form 2A applications during Q1 CY2022 for five
prospective helium exploration well locations on the Voyager prospect. The selection of these well
locations is heavily informed by the helium bearing gas column identified in the BBB#1 water well
(see BNL ASX release dated 17 November 2021).
As a result of recent and planned permitting activity during the current quarter, Blue Star is
expecting, at quarter end, to have an interest in 14 wells that are permitted or under permitting
(refer ASX release dated 28 January 2022