a monster, page-33

  1. 5,048 Posts.
    poyndexter,

    i understand your angle.

    aoe, qgc, mpo etc may be able to utilise the coal and create a ucg business once the cbm has been depleted.

    keep in mind that cbm companies aren't delineating a coal resource when they are exploring. they are merely delineating a gas resource. ucg companies are the opposite.

    in the case of lnc, cxy, mee there is no indication that they have in fact discovered cbm nor have a contigency for it.

    the article you refer to is applicable to the cbm players and needn't concern us as ucg investors.

    cheers
 
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