Ann: CNX executes Heads of Agreement for coal and, page-22

re: Ann: CNX executes Heads of Agreement for ... Raving that is the way I read it too. This deal is a stand alone deal with ENB rather than I direct tie up to the power station. All thought the devil may be in the contract detail, however with the level of CNX management that I have witnessed so far I doubt it.

If the power station didnt fly then I think CNX would be able to gasify the 300mt (which would be CNX's property) and sell to other participants in the market place.

Tek I read a letter on the ENB web site that was from GE and the tone of the letter intimated that they would be interested in funding the deal. I do admit the letter was quite old and pre dates this credit crunch.

Cheers