short term catalyst, page-13

Many of the companies that we invest in have a culture of hyping up every little bit if insignificant news to keep the share price artificially pumped. This could be because they lack the substance that would otherwise do the job.

My impression of CNX is that they are focussed on the substance and are not concerned with every little blip on the SP chart. They are getting on with the job and leave the hype to others. Of course they do announce anything that happens as required by the rules.

Don't expect a SP hike when they announce the engines have been connected to the dummy load. It isn't anything more than a required precautionary test to ensure that everything is OK under load before connecting to the grid. There is no real significance in this for the SP IMO.

The P/B ratio is currently 1.04 and I think this is a great opportunity to take advantage of bargain basement prices. I have been topping up myself.