short term catalyst, page-2

DERM approval for the connection...

which proves the technology... UCG companies have until the end of next year to prove their technology to the QLD state government..

The Government will then decide if UCG has a future in QLD or not. Id suspect they will rule it doesnt. And i think CNX know this as well, which is why they have bought many overseas assests and are setting up an office in the US.

Bloowood creek is not the wealth creator here it is their IP and the Chile and US projects which will be the money makers.. unfortunately these projects are a few years off.

The SP has a basis to re-rate when the we get connection to the grid... but after that it won't really move anywhere as there wont be much newsflow for CNX except maybe acquisitions and updates on the Chile Project. This is just my opinion and of course I could be very wrong...

This is one for the future though..