CNX 0.00% 7.4¢ carbon energy limited

carbon energy and adani, page-4

  1. 2,885 Posts.
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    "Money talks"

    Maybe Linc has the money to go it alone.

    Adani will have 75% of the profit..

    "Adani will bear all costs throughout the exploration phase, including Carbon Energy?s reasonable costs, until exploration has been successfully conducted and a suitable UCG resource established. Adani and Carbon Energy then anticipate forming a joint venture company in India in which Adani will have a 75% share and commitment and Carbon Energy will have a 25% share and commitment."
 
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Currently unlisted public company.

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