The company and shareholders are benefiting as a whole, may not...

The company and shareholders are benefiting as a whole, may not be reflected in the SP right now however production has begun and increasing baseline revenue. We as share holders of the company have a slice of the now Proven Developed Producing (PDP) and Proven Undeveloped reserves (PUD) once Flames is complete and producing all 3 Drill Service Units are locked in value that can have a defined reserve price and valuation reported.

As for 'payback' well payback refers to the revenue recovered from production to cover the capital expenditure costs on the well.

Capital has come from the CR including options and funds secured by a technical short term loan underwriting options to bring forward CAPEX ependiture and both have the DSU'S held by production (HBP) and producing in strong commodity pricing.

The short term loan/underwriting will be repaid from the option conversion due end of June, management and consultants are not getting anything in addition to what has already been announced to the ASX.

The CR has been raised and utilised for CAPEX and Im more than happy with that building the company
value and asset base. Had it been for OPEX to keep the lights on then you would have proper reason to question.

Simples right All information has been provided by ASX announcement for ALL to understand and gracefully broken down and explained by a handful of knowledgeable posters.

A bit of time to research and understand is advised for all new holders or investors.

Keep well cheers Paul