Transition to Renewable Energy

2023: Reflecting on a year of robust growth Revenue of NZ$98.8 million up 18% on last year Net operating cashflows of NZ$32.5 million Net profit after tax of NZ$19.1 million Production up 7% on last year Palm Valley gas production up 49% on prior after tie in Reserves upgrade at Palm Valley and Dingo Mahato production boost 36% year on year growth Market Capitalisation (28 November 2023) NZ$89.8m Share Price (28 November 2023) NZ$0.39 Cash (30 September 2023) NZ$42.4m Debt NIL

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