From the interview with the CEO"Richard Schroder: Yes I believe...

From the interview with the CEO

"Richard Schroder: Yes I believe we are undervalued, partly due to market circumstances being in a bearish market for small oil and gas companies. We do have some near term production assets, they come on in 2017, but we’re not getting credit for that right at the moment. So we need to be out there drilling and I think that drilling activity will draw focus onto the Company. In the meantime, we will proceed with our development plans in PRL 21 and that will get some traction with the market in due course.

But rest assured, even on recent deals that have been done in PNG, with the gas in the ground we currently have, we should be valued at around $250-$280 million. Our current market capitalisation is nearer $85 million. So I think that answers the question."