Chucke see also in the last quarterly - the reference to FINANACIAL milestones not having been met. Goodness knows what was agreed.
Cheers
Temp
Carbon Energy maintains its position announced on 30 May 2013 that project financial milestones under the Agreement with Summa were not able to be achieved.1 Carbon Energy maintains it is not obliged to issue further tranches of shares to Summa nor is it required to reserve those shares. Without prejudice discussions between representatives from both parties have to date failed to bring the matter to a close.
CNX Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held