CNX 0.00% 7.4¢ carbon energy limited

haka. I think this project is all systems go (after due...

  1. 370 Posts.
    haka. I think this project is all systems go (after due dilligence of course). IMO CNX are keen and not here to stuff around with any dodgy partners. In my view CNX have been slowly building credibility with their technology, business plan and announcements (on time and under budget)so they wouldn't be just jumping at any project to get the SP rising... they believe in their technology and ability. I do to and I hope I'm right. :-)

    The at least *300mt Jorc resource is only inferred at this stage. ENB are paying for the drilling and JORC compliance. this is part of the due dilligence. Obviously their deposits are to deep to mine and ENB dont have the expertise or technology to extract it.

    * It could end up being a larger coal deposit.
 
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