Phone conversation with Scott - Jan 12th 2023., page-231

The facts are as stands:

1. Basin discovered and opened
2. Commercial flow is de risked and a given now that they have spent 25 million dollars collecting every piece of data they need before they flow
3. All samples flowed freely using conventional sampling tools meaning good porosity, permeability and reservoir qualities
4. Every basin of this size resource is already a multi billion dollar company
5. 3 billion dollar offtake agreement signed in next 4 months
6. PPSA coming shortly
7. Samples coming in next 1-2 weeks
8. MK2 summary coming out next 1-2 weeks
9. 15-20 million in the bank and covered for commercial flow and 3D
10. 2D Seismic is already showing amazing results as per Scott’s webinar and due any day
11. Traded down on a CR, not on fundamentals, hilarious

Plain stupidity right now at a 110 million dollar EV cheaper than 88e. Plain stupidity. But as days go past this will still run all the way back up and still become a 2-3 billion dollar valuation come a given commercial flow