look anything above 36c short term would be fine by me..
This company is closer to proving its tech than ever before and its SP is in the doldrums.. it doesnt make sense, unless we are not getting the full picture here??
The onyl thing I can think of is DERM approval for the commisioning of the 5MW plant?? people are worried they wont approve it. Dash sounds very bullish!! I can not see it not being approved. if the SP doesnt move far norht when it is approved then i can only imagine that the SP is a reflection that the market is only looking at the UCG state of Approval being in limbo in QLD..
The true value is in the IP though and not on what is going to be done in Australia... But over seas in US, chile and the other sites they have. In saying that though they are years away so perhaps the SP deserves to be where it is??
I don't know...
CNX Price at posting:
27.6¢ Sentiment: LT Buy Disclosure: Held
