wednesday will be interesting, page-3

Clearly there are a lot of short term traders who make lots of noise talking their book.

Then there are those that have done the research, understand the sector and know where it is heading. CSM is not a one day, one week or one month play.

It is the next major source of energy for Australia. It will fill the gap between declining conventional gas reserves and the development of new clean technologies.

Add to the equation that gas prices are only going to go in one direction.

Add to the equation the development of LNG facilities for CSG gas.

Add to the equation that there is going to be consolidation in this sector.

Personally I dont think MPO will last too long before being taken out. It has a very open share register and is one of the most attractive CSM targets in Australia. I expect a takeover or merger will occur.