CNX 0.00% 7.4¢ carbon energy limited

ann.out, page-41

  1. 7,566 Posts.
    lightbulb Created with Sketch. 2078
    Hi Madrum

    I think the timeline is going to be lengthy as well.

    I have to admit I slipped up a bit on my research before buying in ... I completely missed the agreement CNX has with Pacific Road. Those guys will keep the SP under pressure until they are paid out.

    That said I am happy with the position I have.

    I remember the bun fight that went on a few years back between CSG Vs UCG. At risk of being modded for this post, I am very suspicious about it all. The suppression of UCG looks completely unreasonable and out-of-order. [Has somebody been paid money they should not have received? That sort of thing does not happen in OZ ... shame on me for being so suspicious of the saints in charge of things, I mean we are only talking multi $billion deals ... it is not as if it is serious money or anything]

    Be that as it may ... Qld is not the be all and end all. UCG deals are going to be made and CNX is going to get some of that action. For CNX to be an income/dividend paying stock it does not require a huge number of contracts.

    Patience ....



 
watchlist Created with Sketch. Add CNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.