Vert you may be able to answer this as I am having a mental block.
Where does Mantle stand as far as rights to coal seam gas go?
From memory our EL's state - coal (black or brown)
Gas seems to come under conventional and non conventional.
Exploration license? Non conventional gas is coal seam gas.
Petroleum license? Conventional natural gas is typically gas trapped in porous zones in rock formations such as sandstones; this can be found onshore and offshore.
Not sure of Mantle's rights and also from memory I know that Mantle have stated in the past they are not interested in CSG in BM and possibly LV however it would be interesting to know now where we stand on it particularly in the LV.
If the ban on CSG is lifted expect to see Gina back in the news re LV & LKO.
cheers B Rubes
MNM Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
