CNX 0.00% 7.4¢ carbon energy limited

cash burn problem / oil price, page-2

  1. 290 Posts.

    Ousia
    Thanks for the sobering post. The best that we can hope for is that the reports completed by cnx to date will speak for themselves in terms of the environment. I have read the same price predictions for 2015 but who knows how long the US fracking based shale gas industry will last at the current low prices. I guess its cyclical like all commodities. Do you know the price assumed by cnx in assessing the economic viability of the blue gum project?
    Cheers to all holders
    Temp.
 
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