I think the next ann will be covering multiple inforamtion across CNX's assets and progress activities. Bloodwood should be at the point where the 2Mw bank has been load tested and all engines would have been thoroughly tested and hopefully, and this is the big one, DERM have given there approval to go ahead to ramp up production.
I recall July/August being a date they begin the 5Mw power connection so not expecting that to be in place, although perhaps all the wiring is completed and a simple switch of the master leaver will bring this online.
Only time will tell and it appears the bottom is aroud 23c for now. Any bad news on delays for the above will not be good for our sp!
ALso the team going to Chile will have been in negotiation with our partner to consider going to a larger initial power plant..I think if they go down that path it will certainly put positive pressure on the sp.
Good luck to us all!
CNX Price at posting:
22.6¢ Sentiment: Hold Disclosure: Held
