CNX 0.00% 7.4¢ carbon energy limited

what is wrong with our , page-31

  1. 118 Posts.
    good to see there are still school yard bullies about certainly livens up the debate and i can't deny facing the facts as you have spelt it out.
    however the facts some people have forgotten about is that the technology is pretty sound, having been developed by our own CSIRO.does anyone out there know of a better method to extract energy from these stranded coal seams??
    without the problems associated with CSG.
    if it's destined to fail in Queensland do DERM have a say in what happens in Chile USA Turkey etc.I think not.

    Any company needs funds to go forward and having to raise capital at a discount to the share price inevitably drives that price to said level,an example of this is bluescope on 2 occasions the most recent last week falling to 40c.
    If Derm was not so negative we would be connected and supplying 5MW of power to the grid and CNX would be printing money of their own.in saying negative i refer to their lack of haste and wonder if they have the necessary ability to see this project move forward from their prospective.the delays by DERM are costing shareholders bigtime, if they are not going to progress this operation then why did they allow it to get this far to start with.

    it's frustrating for the company and shareholders and ERGON energy as well.we now have power lines in place waiting to deliver much needed income and they are still stuffing around.What questions can they now have that weren't forthcoming since the last go ahead was given.

    guess i'll just have to put the rope back in the shed until Jan 20

    to all they faithful out there keep your chin up and remember we still have the technology that several overseas countries are backing or prepared to give it a go.
    low cost power and by-products to boot.

    bapakmick
 
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