Three items:1. From ABC (drawn from Senex thread):Australian...

Three items:

1. From ABC (drawn from Senex thread):

Australian researchers say the country is sitting on a potential shale gas goldmine, but more environmental assessment and proper regulation are needed to develop the industry.

My note: Cooper has fewer environmental concerns than other areas..

2. From today's AFR (p6): My paraphrase > Australian Research Council report says price of gas will need to rise significantly (from $4 up to $9) to enable shale gas to become economic, with the exception of that in the Cooper Basin which is advantaged by existing infrastructure.


3. I am hearing that although no AQO announcement yet, there is plenty of good action going on behind the scenes. I still expect to make money on this investment (which is pretty rare for the resources sector ATM)