Robert
I hope u do have good news but what has got me upset with this Board is that in the Notice of the Meeting the Board admits that on the 1 Feb this year they noted insufficient funds to carry out planned exploration program.
Wow! They only just worked it out!! Why announce drilling programs if you dont have the money!!!
Next day at Board meeting they say they need to focus on farm outs!!
I would have thought this would be an ongoing process from years before ! Surely they did not just wake up in Feb this year and say we need farmouts???
It was then noted MR Heugh said only one offer on farmout for petroleum apart from Coal deals.
Well what is wrong with Coal Deals!!!
We have trillions of tons of coal just lying there. Though to deep for conventional mining is sure as hell is suitable for UGC and CTL ! We have several companies in Australia into UGC and at least two with operating pilot plants.
Why on earth has the Board not progressed possible farmouts in Coal!!
I am amazed at this situation and hope maybe CP will get on side and sort this mob out!!
Don
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RobertI hope u do have good news but what has got me upset with...
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