sodhim
Whilst I am as concerned as anyone about progress with the Chile project, I don't think you can expect a detailed project update on Chile in announcements that are focussed on strategic direction. I think that we will have to wait until the quarterly is out for that. As I have said many times on this thread, Chile is the immediate hope for a project with the potential to generate some revenue for cnx.
My guess is that the company will continue with its application for 5mw at BC and then apply for another 25mw. I can't see it being economic to operate the 5mw plant alone but alongside a 25mw plant it would offer some economy of scale. If I am correct we should not expect any revenue to be generated from BC for another two years.
Cheers
Temp
- Forums
- ASX - By Stock
- CNX
- the flush out is over
the flush out is over, page-21
Featured News
Add CNX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online