CNX 0.00% 7.4¢ carbon energy limited

manipulation, page-14

  1. 7,432 Posts.
    CSIRO can NOT contribute cash to project/a placement.PHK and perhaps CFU are examples of CSIRO development being "not too crash hot".The "problem" with the CSIRO is they are not commercially orientated but concentrated on BreakThru Scientific and dang the cost factors.

    Small Volumes are a sign of Lack of Interest especially by Buyers.Sellers get into a position of Have to Sell while buyers do not have a Need to Buy.

    These comparisons of Total Market Depth figures are one of the Dumbest Analysis I've ever read.
    Sellers have a tendency to meet the Bid.Stay off screen.While Buyers like to line up out of the Money to catch a "desperate"sell.Such "canny" buyers also get the Falling Knife.

    As for Bollinger bands etc I'm just looking at the Way this is Shelving Down Month after Month.

    Basic Finance problem I see Guru is that more than Half the 500kish Shares on Issue are not contributing to this UCG project.These were issued year or more ago for exploring Gold and Uranium tenements as MEE.

    So for more Finance dedicated to just UCG,CNX is going to have to go at least to a Billion Shares and even then they'll only get say $150milish if they can place at 33 cents.$150 mil appears "inadequate" for the purpose of even a small Commercial Reactor.

    Anyway,IF CNX proves itself Commercially Viable in Production and Costs,I reckon a Consolidation say 1:10 is a possible alternative.
    I'd want to look into this Global Privately Held Methane producer,too.It's NOT a listed Company but I doubt they do business chucking Top Dollar at "Experimenters".

    Enuf for Now.
 
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