Certainly frustrating to see the share price languishing at...

Certainly frustrating to see the share price languishing at current level, given optimism that was around this time last year.

In the short term, I see the main drivers being:

The Release of the Strategic review- as per the quarterly update 'The company expects to finalise the Strategic review shortly'.

Debt Reduction - Outstanding Debt currently sits at US$56.1m with US$35m Cash on Hand. So a Net Debt position of US$21.1m.

With an expectation that the Debt Balance will be down to US$40m by the end of the year. Net Debt will potentially be circa $5-10m, provided no major expenditure required.

This position could be bolstered if the 'Strategic Review' clears a few assets and reduces the debt further. The Company could then utilise the solid cashflows to pay dividends and let shareholders access the franking credits.

Risco Energy Investments - Can obviously see potential in Tap and have built a modest stake, hopefully this stake increases.

If any of the other matters /noise / games  impacting the share price are resolved, then this will be an added bonus.