push your chips in the middle of the table, page-40

My opinion is GLNG conditional approval is most likely on 22 October for the two projects:

http://www.theaustralian.com.au/business/mining-energy/burke-signals-coal-seam-gas-project-approvals/story-e6frg9ef-1225936859565

It's interesting from a valuation perspective because you could argue that no CSG producer has ever been valued on an export (LNG) basis because until approval is given the gas can really only be certainly attributed to domestic opportunities.

I look forward to seeing revised broker valuations if/once approval for some of these projects is given.

JT