Apart from the issue of no real liquidity after just listing on...

Apart from the issue of no real liquidity after just listing on the ASX, but that should change soon hopefully, NZO appears to be the best value O&G play on the ASX??

Correct me if i'm wrong on anything but:
profit making producer: 20 million profit last financial year.
100 million cash in the bank. (about the same as the market cap...)
50% ownership of CUE another profit making producer

and the real kicker and catalyst for a massive re-rate:
approx 26% (15% plus another 11% via CUE share holdings) share of the Ironbark project.
This is a massive target 15Tcf of gas and the big boys are involved like Beach and BP, BP being the operator.
First well will be drilled before the year is out!