Hi SSkim.
Yes i have seen the gas pipelines along the east coast (one runs right through one of CNX's tenements in QLD).
CXY are using Ergo Exergy from Canada. LNC now own the 'Russian' producer. The first and latest analyst report on CXY states their timeline for the 400MW plant is expected to go into production in 2015.
This is why its so important for CNX to start monetising now, as Gov approvals for large scale projects can take years. While they are recieving some cash from these 'small' plants, they await the normal lead up approvals for larger projects and collect more data and proof of concept on their UCG process.
Yes when markets improve again one day, CNX has a global distribution deal with IPL.
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