As resident Doubting Tom,coal king,I'd point out that there's some significance in CNX losing a possible BigBoy backer to provide some finance. This Lydondell mob had at least signed some scrap of paper whereas IF there's any other Major Backers calling around the site visiting etc,these haven't made any commitment whatsoever [so far] CNX is down to IPL and if you update/sift thru the fertilizer sector,it's not the Crash Hot,Whizzo,Money coming out of their ears Company it was say 2008.Got Financial Troubles themselves with Debt.
I reckon there's a Significant Placement going to have to go down March at the latest.
Now to all those danged Southerners who think CNX problems will be solved by Moving out of God's Own State,Queensland well,ya forgetting their $20 million Plant in situ available perhaps for future Commercial Upgrading or are you proposing they just leave this behind to rust away in the wrecked Water Table!!!! :)))
Doing some looking thru the glass DARKLY.
cheers.
CNX Price at posting:
28.0¢ Sentiment: None Disclosure: Not Held