re: Ann: FUT: FUTURE CORP TO INVEST IN COAL S... I am with...

re: Ann: FUT: FUTURE CORP TO INVEST IN COAL S...
I am with Woodchips.

Gazonor was only ever valued on the coal mine methane assets (CMM) and they have had a reserves upgrade and plans are afoot to accelerate extraction gas extraction for use in electricity production. There are further CMM expansion opportunities and the reserves potential of coal bed methane (CBM) are the major upside imo.

Lons le Saunier is an extensive asset with CBM, conventional gas and oil targets ... highly prospective on the information I have read, but a lot of work is required. Requires synergistic, experienced partners, which FUT are definitely not.

No decision will be made with Lorraine until the Folschviller test well is completed and analysed.

Gazonor, Lons le Saunier and Lorraine are core projects and at this stage I doubt very much whether they have been offered as farm-ins.

Cheers
Dex