The CNX release to the ASX 24 Dec 2010 made no reference to the ongoing investigation by DERM into the release of water - only that conditions to the company's authority to operate were being amended.
The reference to the significant technical capability of LNC would seem to imply that CNX is not considered to have such a capability.
Would seem that expert panel supports the decision not to lift the EPO on CNX.
What do others make of it?
Cheers Temp
CNX Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held