Madrum a shake out such as the one you've mentioned in my opinion is clearly going to have a slowing effect on the Shanxi Coal deal, it already has and by the sounds of things it was heck of a shake out, in some ways not too disimilar to our last Qld election and most Qld'ers all know what has occured since then, much time has passed since then and UCG is clearly no better off with the newer Government.
I only hope Shanxi didn't have any shonky dealings going on with the previous politicians who have either got the chop or have been demoted.
It's extemely frustrating that is for sure, all we can do is wait in hope that the cards fall in our favour.
This aside I honestly think anyone who's got a lazy few thousand and can afford the punt, then it's worth the punt on my opinion, with the sp at this level it's fantastic buying.
Just my opinion, but at your own risk.
Cheers
CNX Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
