buying opportunity coming up, page-14

Hi MD

On one hand I can see that the market might react that way to such news.

On the other hand, as CBM reserves are already proven to support supply into Brisbane and a power station, any positive outcome from Kingfisher should surely be seen as cream.

On yet another hand (lol) on the same basis, a nil result from Kingfisher could be argued to be sp neutral.

Look out, I found another hand, it is good that management resisted the urge to prove up more CBM reserves than current projects require and conversely it is good that they are having a measured look at different potential product lines with Kingfisher, namely conventional gas and condensate (a light, sweet crude).

There is definitely a lot of ying and yang with MEL.

Cheers
Dex