Hightrax,Thanks for your post, but I think you might be unaware...

Hightrax,

Thanks for your post, but I think you might be unaware of some of the detail of CTP.

The coal they have identified is being considered for CSG or UCG, etc. It is not being considered for mining (although a journalist posted something this week saying CTP was reviewing that, despite CTP saying previously it was the wrong type of coal and too deep).

If that's the case what CTP needs to transport is gas, rather than the coal itself. There is already a pipeline in the region which has capacity for CTP to send a reasonable amount of gas. There is more infrastructure being built in the region too.

CTP has often discussed their plans for moving gas and oil should they discover commercial quantities. They have recently announced a report into the feasibility of helium.

I have no concerns that they will be able to start monetisation of successful wells in the time frames they have previously advised.

- Karl