Fundamentals and General Discussion, page-280

I’ll compile our projects and their status soon so that we have a clear overview of just how many projects we have with resource estimates that are at farm out stage. There are more than 10 prospects across multiple projects both ILX and strategic size now, so I’m interested to see if our team can achieve another one of those multi-drill commercial deals like they did in the 2010’s, in the $100M+ range. Regardless, the individualised deal flow potential upside is excellent for a $10.2m MC company. Consider that we are valued at as a spec even though we have high calibre BOD and Management, superior cash preservation, major and super major partners and 18 year history of significant commercialisation. In addition to the multiple news flow pathways we have the Equinor JV into Boaz and the ‘new ventures’ in 2024 mentioned by our Chairwoman, Bronwyn Barnes. Once we start seeing advancement on deal side I’m wondering how many of the IVZ type investors we’ll see flow into FDR, their certainly seems to be an appetite for small oil/gas explorers with solid pathways to success

Lets see what happens next

GLTA