CNX 0.00% 7.4¢ carbon energy limited

positive technicals, page-37

  1. 370 Posts.
    BH, my opinion is that the market is waiting to see if CNX or any of the UCG companies can actually turn their PJ resources into an actual product to sell to market. Although CNX has an impressive amount of PJ reserves, would it really matter if they could'nt turn it into energy for use? If CNX didn't have the technology to turn those resources into energy its useless because its too deep to mine. The market is waiting to see how productive and profitable CNX can really be IMO. Hence why this Centauri 1 power station deal is going to be a massive re-rating for the company next year.
 
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