Spot on rob. Further to that re: helium, not only is it worth...

Spot on rob.

Further to that re: helium, not only is it worth around $60-80 mmcf (about 20x natural gas), the site as drilled by pacific oil and gas flowed it at 20x a standard economic recovery rate of 6.3%. Looking at the large fields such as the US and Qatar, its rare to even pull up He at greater than 2% concentration.

Re CSM - entirely agree. Independent reports even verify the potential. CTP could be sitting on one of, if not the largest CSM resource in the country. It will be interesting to see the CBM results - and what basis any future feasibility study comes back with. Either way its looking phenomenal - 0.5 TCF to run a 140 bbl GTL plant for 1 year. Conceptual studies demonstrating 34-70 TCF recoverable in the package, plenty of fuel there.

Re Oil gas - agree, australia needs to look to greater independence of its own untapped potential which is where CTP come in. As the company has suggested, up to 6 bilion barrells of oil could have been expelled from the petroleum systems which entails their acreage. Unfortunately for david25, yourself and everyone else - increasing price looks the case. Why not magnetic, water cell, or compression air powered engines? No government tax, however thats a different story - keeping in mind all the above 'fuelled' engines have been proven and tested - they just dont make it commercially as they get shut down.

Re 'david25'. Have a look at previous posts - all negative overtones hence the assumption of being a dowmramper. Limited credibility and a waste of time - one of those characters that talk about "hearing something from a friend of a friend". The sad part about this - is that any downramper who understood the mathematics would understand that a post on a thread such as HC will never manipulate price unless they hit a top 20 holder - and you dont become a top 20 after a labotomy. But then again - who said downrampers were intelligent? LOL

Anyway, ROBJB - GO TO SS, I LEFT YOU A MESSAGE.