What staggers me is, how little the market has valued our assets...

What staggers me is, how little the market has valued our assets - EV about $45M.

We hit commercial oil, gas and condensate within our permits - and at the very least, 200M barrels of oil equivalent has been found within our permits thus far.

Furthermore, every time we drill, we get two chances of finding something - the Barret sand (oil) and then the Caley sand (gas and condensate).

And we still have over 40 new additional prospects to uncover within those permits.

And to top off the year, we discovered OIL at Outtrim East.

On our balance sheet side, we have around $60M AUD cash in the bank, around $30M USD in receivables and No Capital raising for more than 2 years!!!

If you had predicted that kind of drilling success (100% success rate) at the start of the year and told me the SP of the company at the end of the year, will be same as at the start of the year, despite the successes.

I would choke up from laughing too much.

Any way, Happy Holidays.

Lets hope 2017 will bring us lots of successes on the SP front.