**keep an eye on this**, page-10

re: qlds cbm gas potential huge HI Towie,

I have been in this one awhile, too early as from higher levels but have avergae down .. heres the top 20 for sept 04 and i would not imagine it has changes much..

Kolmar Ltd 8,993,779 14.71
Strike Oil Ltd 6,250,000 10.22
Perpetual Trustees Australia Ltd 2,526,154 4.13
Pontia Pty Ltd 2,000,000 3.27
S & Y Ashton Nominees Pty Ltd 2,000,000 3.27
Permanent Trustee Australia Ltd 1,852,377 3.03
Anzoil NL 1,500,000 2.45
ANZ Nominees Limited 1,322,400 2.16
Westpac Custodian Nominees Ltd 1,270,000 2.08
Nefco Nominees Pty Ltd 1,250,000 2.04
CF Smart Pty Ltd 1,000,000 1.64
Suparell Pty Ltd 1,000,000 1.64
Strike Energy Pty Ltd 927,773 1.52
Andrew and Cheryl Lydyard 900,000 1.47
Calm Holdings Pty Ltd 600,000 0.98
Invia Custodian Pty Ltd 557,797 0.91
CEP Holdings Ltd 520,299 0.85
Mark and Michelle Davies 500,000 0.82
Mr Guy Francois Le Clezio 500,000 0.82
Nike Holdings Pty Ltd 500,000 0.82
Total 35,970,579 58.83

so almost 60% held by 20...

its intetesting but longer term for me needs some development but definitely under the markets radar presently.

Zones