The QCC told The Australian that it considered coal gasification a "more environmentally questionable resource" than CSM and had recommended to the Government that no UCG project should receive approval to commercialise in Queensland.
A spokeswoman for Queensland Mines and Energy Minister Geoff Wilson said the Government "has no intention of granting production tenures for underground coal gasification for at least three years".
i think its time to load up on more csm plays.. but how can i go past mnm, so i think im going to load up on more of this great stock. its the woolworths of resources, it has everything in the one shop..
MNM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held