i'll be dead before this stock does anything, page-12

Hi Buddy

I have recently driven around a fair swathe of MEL country and posted about it soon after.

To recap my thoughts:

# the tenements are HUGE and much is inaccessible in a practical way

# imo, management are picking the eyes out of areas that coincide with land accessible via existing infrastructure

# imo, it seems some of the best, most prospective opportunities are indeed accessible

# the CM Basin is not exclusively CSG as many would define that ... it appears to contain that in licks, plus dry coal seam gas, plus conventional gas, some of which has been proven to free flow to the surface at very commercial flow rates and some of which looks to be able to be stimulated.

I take my hat off to MEL management as they piece together basin characteristics and reserves, extraction techniques and commercialisation options.

Cheers
Dex