I doubt CNX will go broke, shareprice suffering due to fear and uncertainty but they have supportive insitutions such as IPL and venture investors that will keep backing the technology. Theyve already successfully proved it over the past 4 years.
They've demostrated that they're able produce consitent syngas flow and can convert it into power. It's easier said than done to get to this stage.
That said, the QLD State Government isn't helping matters.
CNX Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
