"You know the bit I find most interesting is that LNC will require a Petroleum Licence BUT guess what, CXY will not on the basis that theya re not producing liquids, so a Mining Licence is all that they require. From this point of view, CXY could be the ONLY UCG company that Queensland allows to progress" FFinder
CNX -produces syngas/fertilizers and have not chosen to go down the path of liquids...so would they be in that "CXY" classification as well FF :)
Personally feel - in time all three will be fine in QLD .....its great EXPOSURE is coming.
CXY Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
