CNX 0.00% 7.4¢ carbon energy limited

Let's indulge in another hypothetical fast-forward 6 months - it...

  1. 79 Posts.
    Let's indulge in another hypothetical fast-forward 6 months - it goes the same way as coal shale oil and can only operate in very selected niche countries who give it approval.
    The risk are that DERM will not approve the expansion in waste processing on site so any successful proving of the technology will have to be conducted in another country with associated costs. Another fund-raising would be required to start again overseas, and as it is not yet proven commercially that could be a difficult fund raiser given Pacific Road has probably reached the end of its capacity to help.
    Hypothetically I'd love to buy some at this price but 2 or 3 cents is where CXY is now, so it pays to wait and see.
 
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