Just listening to our local ABC radio and heard a tale end of an interview on breaking news in Chinchilla. The gist of it was that authorities are on their way there, after receiving reports of leaking gases being detected by locals. This report then went onto say that these gases reported are usually the result of a coal burn and not CSG. The presenter then went onto the theory that Linc had a UCG plant out there and it was probable that it was the cause although he did say that it had also been shut down some time ago. Anyway I am sure that the airways will be full of it today.
Does not bode well for CNX, at this crucial stage in Qld. IMHO.
CNX Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held