Whilst most coal seam gas companies are skyrocketing, CNX is quietly building, and will possibly become an entrant into the LNG market in time. This is an awesome LNG play medium term..... simply because there are so many coal reserves and scarcely a competitor to CNX in sight.
Which other company on the ASX has proven capabilities in UCG, the ability to enter the LNG market, investment from ASX heavyweights, a diverse product stream (from the one source), and is now strengthening relations with the QLD government.....
CNX is all pump without the dump.
CNX Price at posting:
70.9¢ Sentiment: Buy Disclosure: Held
