CNX 0.00% 7.4¢ carbon energy limited

well worth a read, page-4

  1. 1,920 Posts.
    There are still some loonies selling, amazing I think.

    There has been three market crashes in history with a 49% drop, approx where we are sitting at the moment.

    What do these CNX sellers think, we have another 50% to drop? Some smart accumulation happening though.

    I thought this was an interesting paragraph:

    "For the same coal area, we have discovered that Carbon Energy's UCG process produces about 15 times more methane than the coal seam methane companies on the same piece of ground. (see ref). This should interest British Gas and other companies looking for more methane reserves. Why have Carbon Energy remained so silent on this? Are they waiting for a suitor that is already in the wings with an options share-swap deal?"
 
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