Ann: Kincora Project Reserves and Resources Upgrades, page-15

The low price is a bit strange I agree with you all, but profitability is king in these uncertain times. That said, I think we could see a decent lift in the price when the new well comes on line and we are significantly de-risked in achieving our 20tj target. As the new well will prove the plan and then it is just a matter of drilling more holes.

The current price action to me looks like we have one of three scenarios at play
1. There is simply a large volume seller who is at work, eventually they will have sold out and the price will pop up for no apparent reason
2. There is a large volume purchaser who is very patient and happy to sell a few into strength to keep a lid on the price so they can buy in volume when the price falls back
3. Less likely, but maybe DGR are selling for some bigger picture reason that isn't obvious to us.

That is all that I can think of as to why the price remains so subdued with all the positive news of late.