Seems like an eternity waiting for a decision from the QLD government especially when they have been involved in this project for years.
Ok, there are 2 outcomes. If there is positive news and CNX get the go ahead then we are looking good; just need a joint venture partner with some money.
If the government news is against the development of Bloodwood creek then they would need a damn good reason I think. Its seems CNX have jumped through all the hoops to please the government with their environmental concerns, which would be the main factor if their application is rejected.
If CNX does get a negative response from QLD, would this break the backbone to this company or will they survive?
CNX Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
