I just opened up my booklet entitled "The QGC Story" (Thanks to QGC, PES, ESG for the chance of not having to rely on the minimum Govt pension!) First photo of a gas flare with caption:
"Berwyndale South [well] #18 initially free-flowed gas at 2.3 million cubic feet per day [mmcfd] and stabilised at 2 million cubic feet per day.
LKO is not going to be QGC (QGC has dozens of such wells and cannot compare the management for one thing)
Also this is only LKO's first real well, but Wombat-2 stabilised at 1.35 mmcfd according to the LKO announcment 1/7/09. This is not nothing! However, DYOR: this is still a high-risk stock and take every post on HotCopper with a good pinch of salt.
CSG is a clean way to produce electricity compared with coal which produces more radioactive pollution than all the nuclear power stations combined, due to the large number of coal-powered power stations worldwide.
Best wishes to all.
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