bul very bullish, page-10

If only it was that simple. If BUL's acreage was as good as some others then I guess they would have easily proved a resource by now.

However if some of the acreage can be shown to be productive, and it should, then BUL is certainly worth more that the SP suggests today. The SP is badly affected by the bad press that coal seam gas has had as a result of a well organised anticsg movement. As the science shows that it is not the bad boogie man that it is currently believed to be then things should improve.