scoping study results, page-5

I still believe that this is still an infrastructure play as much as a resource play. This is an excellent report because much of the resource revenue can be garnered locally and relatively quickly, with the potential for exports later. The rerating will come with a clear infrastructure plan for the region as a whole. There is still a great deal of the tenement left to explore as well. The cap. raising is probably affecting the price movements as well, this could be a delayed effect. Good diversification noted in the report, too, not tied to one market or one type of resource.