"A similar hiccup to CNX a couple of months ago saw a 20% drop in the SP - interesting to see how the market reacts to this"
Except CXY has suitable gas flow
CXY says - On 16 March the production and flaring of syngas using wells P1 and P4 commenced. Effective and rapid ignition, and connection of the wells by reverse combustion linking, were all successfully demonstrated. The product gas was of high quality (calorific value in the range 4.8 and 7.1 MJ/m3), with stable gas composition, temperature, pressure and flow rates, thus confirming the suitability of the coal deposit for application of the UCG technology.
CNX said - "However, during recent gas ramp-up activities (from a low flow state), gas volume and quality has not progressed at the rate required for production, resulting in the need to again reposition the injection well. It is important to note that the reconfiguration is not part of our base design and as such these issues are not expected to recur in future panels"
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