This week the Qtrly Cash Report til December will issue.Some...

This week the Qtrly Cash Report til December will issue.Some ideas,perhaps will be found re Cost of Operation?as well as of 31/12 Cash Position.Unfortunately,the time frame will give no idea of Cost re the 500 acres recently acquired.Could that be the Petroleum Rights perhaps,"solving" the tenement issue?

In CXY thread,a b_patterson on 23/1 at 18:27 put a link to a Government Quango/Think Tank on their findings regarding UGC and CSM.Seems they "dislike" both but perhaps the emailers should read this to get some idea of "inputs" to Governmemt Thinking?

On CSM,you know that statistic touted how UGC is 18 times more productive than CSM?
I wonder if that isn't skewed by the figures being taken on Suitable UGC coal deposits?
You know UGC best/only works with Deep Deposits of a certain thickness etc.
So does CSM only work in the same type of Seam?or does it have wider,more universal application?

If the latter?than the comparison analysis is flawed and may go some way to explain the lack of Big Time Investment in UGC.

cheers.