CNX 0.00% 7.4¢ carbon energy limited

chart, page-94

  1. 370 Posts.
    CNX may announce some other positive news in the mean time and the SP may have a run but I still believe CNX will only sustain its SP when:
    1. These power stations start to come online(starting later this year)
    or
    2. Larger O/S companies and investors decided to invest in CNX
    or
    3. CNX sell their Gold and Uranium tenements.

    It would be different though if we were in a raging BULL market but people are more cautious with spec companies in markets like we are witnessing and prefer companies that are producing and have cash flow which CNX should'nt be to far from achieving.

    When CNX prove they can consistently supply power into the grid thats when the big bucks will start flowing into CNX.

 
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