Fundamentals and General Discussion, page-133

Nice to have you on board, Management and Directors have a solid resume of value generation. FDR history as a private company generated hundreds of millions in farm out deals and were involved early in Australia’s most recent giant oil find - Dorado. The major shareholder and founders of FDR actually own a royalty on Dorado. My takeaway is that FDR as a public company is a vehicle for them to hold deep into the value creation cycle on next commercial find. I’m just tagging along for the ride

GL