Yes Govts are greedy but tell me - where do they get their advice from ? I'll tell u - its lobby groups and the bigger u r the bigger yr pull - so UCG is bigger and its got international backing and lots of money to throw around. They can/will 'spin' stories of the greater good (believe me I've been there) - so with an election coming up is the QLD govt going to go with the big end of town or to the minnows? I know my answer. Gents dont let yr hip pocket blind u to the risk here - thats what I'm saying. I have been a long long time investor in CTX nee MEE so dont think I am not a believer - I just temper my faith with strong dashes of reality and make sure I at least have factored in the risk.
CNX Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
