Kevjb, you may rely on carbon Energy ASAX announcements if you wish. In my opinion, the ASX announcements have proven themselves so consistently the reverse of what actually is happening as to be able to make a bet in the opposite direction with confidence. Remember the one where they said the 5MW would be up and selling electricity by Jan 2010?
My understanding of the coal resource is based on a detailed knowledge the geology of the Surat Basin Mr Kevjb.
Study the geology Kev.
CNX Price at posting:
7.8¢ Sentiment: None Disclosure: Not Held