AUL 0.00% 28.5¢ austar gold limited

email reply from ir, page-5

  1. 244 Posts.
    imho opinion i think ian will start with csg because of its low cost to extract from the coal seams... prices for the wells start from $125k, which is a very low cost/high return ratio with the price of csg these days.

    once the gas has depleted ian might work towards either a longwall/highwall mining operation which is a very costly operation from what i gather. with the profit from the csg operation mantle mining could potentially fund its own operations and any other mining activities from various other resources such as the phophate and gold and potentially uranium...

    dyor

 
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