CNX 0.00% 7.4¢ carbon energy limited

risk vs reward, page-2

  1. 1,944 Posts.
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    "A very long base has been formed on the charts and i believe the turn is not far away"

    That's what most of us are hoping for. There's not much conversation at the moment because we are basically in wait mode. Speaking for myself I am waiting for Rehab Plan then eventual UCG Policy by Gov. We are in the last stages of that. The other thing to wait for is the Haoqin JV moving forward again and appointing a PCM.

    Once UCG Policy is in place, we will probably hear more about Qld Project. The proposed timeline is quite ambitious, it will be nice if it comes off.

    I agree CNX does fly under the radar to a large extent. For my money I expect that to change dramatically in the future and that's why I've also added Oppies as well as my share holdings for value betting. We may expect more spec buyers (not that there is as many as there used to be in this economic climate) once the new policy is announced, that's my theory anyway.
    Last edited by Madrum: 19/09/14
 
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