Yes, what you say is correct Huonscott. But the fact is that the company has put a process in place to transform itself from junior explorer to a diversified producer. They are in the midst of a major drilling program to define the size of a coal field which has exceeded expectations in terms of size. We will soon learn the gas content of the coals and very soon we move on to oil and helium conventional wells.
Whether its commercially viable as you say, is conjecture, but it is also what allows investors a means of profiting from it. For example, the market is of the same opinion as yourself and says its not viable well SP will languish and creates opportunity to the investor who sees the opportunity. Thats why we follow the speccies, for a greater risk/reward payoff. Otherwise, we could wait until it is proven to be comercially viable but you will find that the horse has well and truely bolted by then. No fun or profit in that.
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Yes, what you say is correct Huonscott. But the fact is that the...
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