CNX 0.00% 7.4¢ carbon energy limited

only three more sleeps , page-7

  1. 167 Posts.
    Carbon Energy is working closely with the Queensland Department of Environment and Resource Management (DERM) on environmental approvals to increase production to 5 MW.
    DERM has advised it requires an extension to determine the application, a decision on which will be made on 20 January 2012.
    This timing also allows the Company to provide DERM with any additional information.


    This is from the last update. Any issues should have been sorted in the massive extension time required it takes for a couple signatures. Remember its not an approval its only an amendment so lets hope this hurdle is finally overcome. If not i can see some real investor fatigue setting in.


    All the best.

    Dash
 
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