Fundamentals and General Discussion, page-329

Understand what you own mate.

This was always likely to be a slow burn. We are dependent on large multinationals decisions, both in drilling, and in wanting a piece of our tenements. These multinationals do not care about you wanting 'activity' on your stock. Our management can 'pull their finger out' and nothing will change because they have no control over these 3rd parties and their timeframes.

What you bought is a very experienced O&G explorer with a history of success and development, with permits/licences in some of the best offshore hydrocarbon provinces in the world. A small company that, amazingly, is able to get these multinationals to play with it. Multinationals that we require because they actually have the significant resources required to drill out and develop our areas. We provide them technical expertise and a piece of the pie and in return we get their capital and additional expertise. But we are dependent on them for timeframes. Soooo, if you are not up for that, I recommend moving on rather than spending the next X number of years whining here cause you didn't understand what you bought.

Finder was doing this successfully for 20 years before they listed on the ASX. Money flowing out has not been huge. It is likely that it self funds from farm outs regardless. The business and licences of Finder are currently valued at basically zero as we are basically cash backed (any news on drilling or farmouts will change this). Some reminders