STX 2.78% 17.5¢ strike energy limited

another article concerning/questioning the future of coal seam...

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    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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