I think most here have the same feeling as you, and that might be our problem we have held on in hope of a recovery.
The trouble is if (as you say) we have to wait for the world economies to recover, we could be in for a long wait and the money could be better invested else ware. I know one of the hardest things in this game is admitting to yourself when you’ve got it wrong!
I still hold, but for not much longer I am thinking.
Note: “Carbon has advised that it will not submit the EIS for the Bloodwood Creek UCG project until after a government announcement is made about the future of the UCG industry in Queensland.”
I don’t remember AD mentioning this in any of his presentations!!!! Link: http://www.ehp.qld.gov.au/management/impact-assessment/eis-processes/bloodwood_creek_underground_coal_gasification_project.html
Les
CNX Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held