In market cap terms CNX would need to be $3.46 to equal LNC market cap......Why would I sell now. Plus I think LNC will go up even further making CNX even cheaper......
Plant goes live within 4 weeks - Resource upgrade to 500mt expected any time soon.
It's a gimme... Not too many of these in the market at the moment... :)
Remember as well that coal prices are still going up while oil is falling.....
CNX Price at posting:
52.6¢ Sentiment: Buy Disclosure: Held