lng preso, page-15

one issue wrt MEL that bothers me, is that whilst MEL may have a good reserves position, and may have conv oil/gas and unconv gas, it HAS to get it to market.

and the issue is that it is going to confront some very serious and strident community opposition.

whilst i do not have any evidence whatsover upon which to base my opinion, I am of the view that the opposition up on the Nth Coast area is, and will become, even more active and strident. I reckon it will be more strident than that encountered by ESG.

the reason I say this is that there would have to be more greenies and life-stylers per square klm on the nth NSW coast than any other CSG area. They seem to be quite organised already, and were active way before the Gunnedah mob.

i think the first issue to galvanise that opposition will be the approval processes relating to the Lions Way Pipeline.

this type of opposition relates to all CSG coys, but the MEL assets seems to be right in the opposition heartland.

commonsense says the opposing arguements can be resolved, but these extremists don't seem to be concerned with commonsense.

as I think all MEL HC posters already realise, corporate action (be it GSA or T/O) is not an "if" but a "when".

cheers