I believe CBQ's coal tenements in the Eromanga Basin are a decade away from development, even if the Adani project kicks off in August. The value is in Surat Gas. The JV with Ranger Resources looks like it will go ahead and the investment in Utilitas appears to be progressing well. What CBQ lack in expertise in green field development and project finance their current partners make up for with a successful track record in the development and delivery of resource projects.
I believe CBQ's coal tenements in the Eromanga Basin are a...
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