Where were you today tgwm? :)
CNX was up in the morning due to news about being admitted to the S&P300
The LNC news came out in the morning and the LNC price went nuts, CNX followed nicely.
The LNC announcement can be viewed here:
http://www.lincenergy.com.au/pdf/asx-94.pdf
LNC were admitted to the S&P200,
Potential contract of $1.5billion for one of their tenements, and
the LNC demo plant should be producing in about 2 weeks.
This will be in the news over the weekend and we are expecting favourable coverage to the entire UCG sector.
Monday should be an interestingly good day for CNX.
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