Ann: CNX delivers Australian first in commercial , page-31

re: Ann: CNX delivers Australian first in com... What they earn from the connection to the grid will be dependant on what they are being paid per kilowatt hour (kWh). We pay around 20c per kWh at our place in Sydney which would give CNX just over 200k per month by my calcs (216k to be precise based on a 30 month day).

Since they will be selling the power generated to the power supplier for distribution to the grid, I'd guess they'd get it at a much lower rate (maybe 25% lower but that's pure speculation on my part).

Going on a rate of 15c per kWh, carbon Energy would then be pulling in 162k per month. Nowhere near enough to cover operations but would hopefully stem the bleeding enough for them to carry on through until DERM finally pull their finger out.

I'm still not overly confident that things will pan out as planned but it's good to finally get some cashflow coming in without further share dilution!