commentary for investors in qld gas stocks, page-7

I agree that it is rangebound. However I doubt very much that we will have to wait till the end of the trial in Feb 09 for the next announcement. Since Aril 08 CNX has put out at least 5 announcements per month.

According to its Friday announcment it is moving as early this week to produce syngas feedstock and, if sucessful, will no doubt release that detail soon. That will likely be price sensitive.

And if there is a positive move, I suspect that we will be swiftly into the 30 - 34 range and then upwards depending on the wider market and general progress. Only 1 month ago it was 42.5; so a very substantial short term gain to be made from these levels IMO.