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
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another worrying csg article
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