Hi mogga, I don't think the autor of that article did a lot of...

Hi mogga, I don't think the autor of that article did a lot of research, as he/she still mentions Cougar Energy and Linc Energy doing trials in Australia. One wonders if it is just a rehash article by someone being lazy, certainly no depth to it unfortunately, but thank you for the link.

As we know, trials are over, CNX has come through with flying colours (which has been exhaustively independently scrutinized), but we are still not off the ground yet, we wait interminably for a decision by Qld Gov.

Asia would be an excellent market as would China, Africa, South America, India, Pakistan and parts of Europe, not to mention the homefront (in particular NSW and VIC). However no one appears to want to be first in what is a considerable investment, especially with the way petroleum markets and economy are at the moment.

It appears with the arrest of CEO of Zhengzou GIC back in end of 2013 and the about face of profit by approx -90%, they are no longer willing to take the leap to Commercial Stage. That's an assumption based that does it take 15 months to employ a PCM? I haven't seen an announcement by CNX that the project is done and dusted though. Just that the Company is "hopeful that a solution can be achieved in the future." (last quarterly)

Not much new on the Chile front as yet, as far as I can see. I think we may have had an announcement if there was.

IMO there's some much potential here for not only syngas but CH4 and Fertilizer products. I will wait a while longer on the bases a positive outcome may see a very nice multiple return. Still, the delays are becoming quite frustrating, I suspect I'm not on my Pat Malone there.