ENB 0.00% 0.5¢ eneabba gas limited

BFKAHMy belief is that ENB is giving up all of its coal...

  1. 1,469 Posts.
    BFKAH

    My belief is that ENB is giving up all of its coal tenements to CNX.

    What I cannot understand is why didnt ENB undertake drilling to assess the extent/value of its resource much earlier and certainly before entering into an agreement with any party including CNX. Frankly, I suspect that it is because ENBs board is nothing more than a bunch of lawyers and accountants seeing an opportunity to make a quick buck...I for one am not impressed by photos of these grey-suited guys such as we see in their reports!

    AS to the future, my guess is that CNX will take over ENB and, in fact, CNX s first commercial operation will be here in WAs mid-west.

    I hold CNX shares.
 
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