If you would like to understand CSM you should read http://www.sigra.com.au/ppr_csmart.html
It is a document that should be read by all CSM investors. However, I have quoted a very pertinent paragraph.
"From the exploration viewpoint groups have started to think about reserves other than those in the main coal mining areas. With this look in alternative areas has come the realisation that economic reservoirs may come in many forms. For example multiple thin seams which have a low gas content may be viable provided that they have an adequate permeability"
GUESS WHAT RPM HAS?
And to get even better,from what I read, i'm not unhappy with our gas content of 4-5.5 cu/m. per tonne. Permeability is the next issue to assess. or... Will the gas come out?
We have a long way to go but we are on the right path.
RPM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
