CNX 0.00% 7.4¢ carbon energy limited

re: Ann: CNX executes Definitive Agreement wi... Kev, I actually...

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    re: Ann: CNX executes Definitive Agreement wi... Kev, I actually sit more in your camp then what you realise. My comment about AD was more about feeling a bit sorry for the guy. CNX is looking at a very good future, largely attributable to AD and he won't be around to enjoy it. But...

    As far as Qld are concerned I think there are too many distractions tomake staying the distance worth it. Open court cases that may drag on for years still and the growing groundswell of opposition to CSG. I know completely different process to what we have but try and educate a bunch of largely ignorant activists in this country about that. I think there are opportunities overseas that will pay far greater dividends than what we can get from Bloodwood Creek.

    My other great hope is that when China is up and running, Chile will come on board. I get the feeling they are waiting for it to be 'commercialised' somewhere else first, or be given regulatory approval in Australia before they proceed. Chile, high gas and high electricity prices = big return for investment.

    Kev, do you know if a suitable site has been identified for UCG in China?

    Happily bought more at 6c this morning and unlike Karma/ICXP do not trade shares for short profit, but will hang in there for the big cheque at the end. Haven't ordered the new BMW yet but thinking about the colour!
 
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