taroom trough project 48 tcf with a 10% recove, page-8

Sorry CnG, I follow the facts not the gossip.

Newland is right. At present, Talma and Annvale are ROG's only hope of making something of themselves. Cash is too low to advance any other project further. Eg. Taroom Trough project requires drilling to 2.8 - 4km. Way too costly for wee lil ROG and hence why they are seeking farm-in. Evidence of quality pay would be required before any farm-in partner would be the slightest bit interested.

Talma is more than enough to keep the company busy right now and IMO Annvale would be next cab off the rank if your talking priorities. Once again, depth required and costly.

You could say there's a lot riding on Talma and all eyes will be watching the pilot for production flows. Yes, I expect the approval.

IMO any movement past 1c will be attributed to the NSW Gov giving its support to the CSG sector. Further than that will be up to Talma and the KC Sandstones.

Gaspew ;)