We need to look at compensation from the QLD Gov. $150m sounds like a nice round number.
That's 'if' the legislation goes through. I'm guessing this is fully priced in. China, IP and cash n the bank from rights issue.
We might hear regarding the Summa dispute as early as tomorrow. It would be good to knock that one off.
Looking for a pre-trade announcment tomorrow to clear the air.
Ann: Response to Qld Government announcement on UCG industry-CNX.AX, page-9
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