IXCP, they have a good point about contacting CNX because, as we agree, any cash flow survival is based on this loan and the conditions of it. The Board should specifically detail those conditions. Why is it keeping the conditions secret?
And while they are at it, the conditions on Chile going ahead should also be disclosed. Because it is CNX's last fallback position. Is the Chile project contingent on generating electricity consistently? The Ergon connection is always conveniently deferred to avoid putting the 1 MW to the test. What does this mean, in terms of Chile go-ahead?
And now a discrepancy between CNX and DERM regarding the dates (of some mystical further information, which also not disclosed).
What are the Board members other interests that may require so much non-disclosure to the owners (shareholders) of the company? There is way too much spin in these semi-disclosures.
What is going on?
CNX Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held
