Ann: Quarterly Activities Report & Appendix 5B, page-6

Have to agree with you - the market doesn't see the value yet or doesn't believe management can execute. Time will tell if it's right or not.

The upside is gas will be key in the transition to renewables. There's many forecasters on what the global energy mix will be to 2030, and the majority see gas demand increasing. There is no readily available alternatives, and as Europe has shown, the transition will be put on hold (ie reverting to coal) when gas supplies are constrained.

So having an active exploration program in the current market is a great value proposition for shareholders.