A question to the knowledgeable holders please - what is your take on the coal seam gas position included in this announcement. I am a fair bit under the weather after copping another hiding today, and when I consider I bought this stock mainly for the gas gamble, I am unsure what to make of it. I believe it is definitely a punt but for a long term holder it could pay off big time. The phosphate is definately 3-4 years away, gold should be pushed now - I agree with that, but the coal seam gas position could, with a cashed up partner, provide us with the dough to get stuck into the gold. I know we have to get the landholders consent, whatever,but I suppose what I am looking for , when trying to read between the lines, is how far away do you think before it will be signed & sealed in this regard?
MNM Price at posting:
7.6¢ Sentiment: LT Buy Disclosure: Held