Pump and Dump, page-10

They don't need money just yet, but undoubtedly are getting low. Given the results of the last CR and the level of underwriting it would IMO be stupid to do one prior to the Q.Gov giving the go ahead to proceed with the application for Blue Gum.

Once the go ahead is given then I expect something not to far in the future of that. It may also depend on what is happening with the CNXO and if they are in play and being converted. That may give CNX far more options timeline wise and would certainly add to the bank balance. We will have to wait and see.

I also really don't expect Soph. Inv. until we are given the go ahead, we are still at spec price levels after all. Lou222's post is a bit vitriolic for my taste, but he does raise a few pertinent points. Although any investor in UCG would or should be well aware of the legislative position. After all, that's what all the hurdles and successfully jumping through the hoops are all about.

I agree Chaya, I'm not sure why he's invested either. Although I don't mind people bringing up the negatives, one can always judge the worth of any points raised and sometimes there's a reminder of note in them.

Hope everyone had a Merry safe New Years.