Hecko,I am new to the Coal Seam Gas scene, so if I am out on any...

Hecko,

I am new to the Coal Seam Gas scene, so if I am out on any of my quoted figures, feel free to correct me.

I think the only thing that I have got wrong so far is quoting BUL's ASX symbol as BLU. (Slight misjudgement of letters, I was thinking something like BUL is heading for BLU sky, or BLU sky mining is now the BUL company in a Bear market...If you can work out what I was thinking, let me know).

So if the figures that I stated in my previous posts are correct as per the sources that I quoted. What would you now estimate BUL's share price at, if BUL has an estimated 140Tcf of GIP, in comparison to your previous SP valuation based on BUL only having 21Tcf GIP. ( I would say, just X your previous estimation of $34 per share by 7...... The mind boggles).

Is anybody starting to see the potential of this company?


Can you smell GAS or is it all just hot air!!!!!