CNX 0.00% 7.4¢ carbon energy limited

Ann: CNX Secures $3.4 million Cornerstone Investm, page-2

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    re: Ann: CNX Secures $3.4 million Cornerstone... 'We are encouraged by the strong support shown not only by our current shareholders but new investors as well. It shows real confidence in our operations in China, our keyseam UCG technology, our technology licensing strategy, and confidence in the UCG industry in general.' - CEO

    That would certainly seem be the case given this announcement on top of the one two days ago. It's not only all about China now either which is a good thing. Argentina and Chile are also in the mix.

    What happens or doesn't happen in Queensland going forward is becoming less and less relevant to the future success of CNX.

    That's an entirely positive outcome as far as I am concerned.





 
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