view from both sides

I think this article sums up MEL's price drop. The market as was expected is also quite weak and vulnerable to any upset at the moment.

This shows that both sides of the argument have merit. Potential dollars and benefits, and potential risks and downsides.

When there is so much up in the air, a government approval means nothing. It simply means they will not stop you, however there are plenty of other people willing to. I think there are too many other areas that people would prefer to invest in until risk of the unknown has been significantly removed.

Read the link, it sums up what is happening and it is not written by a green mug.

http://www.thebull.com.au/premium/a/31081-are-coal-seam-gas-stocks-just-too-politically-risky-for-punters.html