Gday dolphin. Havent seen you around for a while. Hows...

Gday dolphin. Havent seen you around for a while. Hows things?

Not doubting the management or even the resources really. What I was trying to understand was, how the resources will be able to be expolited by the budding CSG industry; either as domestic power/gas or export LNG.

As we are likely looking at an export industry running for many years to come, you would assume that the exporters would be supplied by the resources with the most favourable economics, right? I am thinking that the location and quality of the tenements is one the most important factors here, and with so much other CSM resourse already nearby to the main export market, the 'market need' for COIs gas may not be immediately there as it is 'not yet' favourable.

Dont disagree that the sector is on fire; but this is because of the future LNG business. If you can convince me that COI is going to be a part of this in the near term; then I will be in like Flynn.

$1 by chrissy eh? Thats a MC close to $200m without any reserve posted. I think I will keep an eye on it for now.

Cheers,

SF