CXY cougar energy limited

Why hasn't anyone mentioned that CNX signed a heads of agreement...

  1. 671 Posts.
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    Why hasn't anyone mentioned that CNX signed a heads of agreement with Eneabba on the 1st of April 2009 ? I think since then CNX the agreement expired December 2009.

    from HOA

    "Eneabba Gas CEO & Managing Director Mark Babidge believes that Carbon Energy has the
    access to advanced technology, demonstrated proven ability in the successful development of
    underground coal gasification (UCG) project of this nature and most importantly through this
    agreement they would be able to provide a regular source of gas supply for the proposed
    Centauri 1 Power Station.
    Carbon Energy has demonstrated its ability to be a leader in the development of UCG projects
    in Australia, through both the work at its state-of-the-art facility at Bloodwood Creek in
    Queensland and the results of recent trials of its technology in the field, Mr Babidge said.

    I wouldn't say this would hurt CNX....
 
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