Yes kieran the Greenies are just one track on Coal.They'd prefer Bulk Buck$$ got spent on anything else.Why they even have a possible plan to harnass gas from Lentil Munching!!
The Feds/Qld State Gov't are more concentrated on putting some device into the Chimneys of conventional power stations.This would maintain the central Grid system of power generation.
All these other Options are sidelines not really relevant,other than bleeding Wind power that's Big,Big Business and still requires conventional back up.
Government are dedicated to maintaining the Grid and,despite the Greenies do not really wish to Raise Greatly the price of Power/Electricity. Blow Out Power Costs and any Government will be given the Chuck.
That's WHY it's important for CNX to produce/test up COST Commercial.Irrelevant if it's producing Commercial Quantities if it's at too high Base COST.
This also relates to the IPL ammonium production.IPL can/may/will build a new plant in Central Qld but will CNX be able to economically supply? Will CNX even have a convenient locale tenement to work off? anyhow,back2it.
CNX Price at posting:
26.1¢ Sentiment: None Disclosure: Not Held
