another article concerning/questioning the future of coal seam gas licenses in NSW....
http://www.menafn.com/qn_news_story.asp?storyid=%7B19824c7f-50d5-4a8b-a0b2-352be6ad4877%7D
IMHO, if QLD and NSW regulators act to protect agricultural land from CSG mining it's the Cooper that is best positioned to fill the supply gap - Pure Spec!
THE MARKET:
Like all and sundry I am totally gutted that STX didn't get the rights issue finished before this latest rout!
I can only hope we some type of recovery with 15 cents becoming attractive again...and STX manage to raise the cash....otherwise we are going to have future exploration curtailed.
HC
another worrying csg article
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