bowen vs surat, page-9

I think the SP is under pressure due to the possible water issues that the csg sector is facing in the surat basin with the angry farmers trying to get the attention of anybody who will listen. CXYs water problems with UCG also hasnt helped even though these two industries use different technologies and should not be tar'd with the same brush.
Im confident that this will get sorted out(with both the farmers and CSG industry giving in to certain conditions)..... i mean Bligh is not popular in qld but i imagine she will be even less popular if she cans a 50+ billion dollar industry for the state.
Yes BUL have spent alot of $ but you have to do that to get started. They had some dissapointing early results in the Surat and CMB but things are turning around now with the bowen and galilee tenaments. If you can hang on i reckon BUL will look good again in the next few months with certified reserves due later this year while Gladstone FIDs for BG and STO will give the whole CSG sector a massive kick.
The only reason im not holding is that i dont have the $ at the moment