linlui,RPM has 80% of a target of 1.1 trillion Cu m. of Coal...

linlui,
RPM has 80% of a target of 1.1 trillion Cu m. of Coal seam Gas (methane) in PL 171. The coal is in multiple shallow stacked seams which has tested to contain 4-5.5 cu m per tonne coal. Its in an area with growing gas infrastructure. This scenario is very positive so far. If even a tenth of the target is proven to exist and be obtainable this could represent many hundreds of $m's to RPM. RPM also has more than $2m pa currently coming in from Growler and Mirage. Growler flow should grow with more wells. This keeps the admin expenses(which are very low) and some exploration ticking over. With only 260m shares RPM has the potential to go to $2-$3 IF the CSG can be proven up to even a fraction of the target. Proving it up is not an easy process but the potential is there for all to see.
Thats my current reading of the RPM tea leaves.