KEY HIGHLIGHTS

• PL 1034 Granted – The Department of Natural Resources, Mines, Manufacturing and Regional and Rural Development granted Petroleum Lease (PL) 1034 over the Sapphire Block on 5th September
• Capital Raise – 2 Tranche Placement and SPP –successfully conducted. Placements raised $ 3.2 million (excl fees) and the SPP raised a further $2.6 million – with all being very well supported
• Qld Government Energy Road map – more gas – more electricity generation – coal generation capacity to be maintained to 2040.

Click the link to download: Sep 25 Quarterly Report