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
Add to My Watchlist
What is My Watchlist?