Comline,
I also thank you for your input and welcome your posting, however I pretty much share SF's other thoughts as well.
As I've previously said I have no geological knowledge whatsoever. I will say however that when I first started looking at csg about 5 years ago water seemed one of the most formidable challenges. I have however taken solace in the extent to which it has been managed since - not dismissing it.
As a non-geologist I find have have to put weighting on things like:
- similarity to nearby operations
- directors/management background and credibility
- smart money buying - eg an insider like Mather at $1.08
- you are apparently holding despite these concerns
For me it is not a question of whether they have water recharge challenges, it is whether the whole box full of risks and opportunities measures up holistically.
EL
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