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Thank you very much disco for your very well informed post re...

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Burnett

17,458 Posts.

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22/11/17

10:49

Post #: 29011949
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Originally posted by disco1007 ↑

Its been a while since my last post. ..Good Evening

Great buying for those on the buy side, with only 1 472 385 shares traded since 25/7/17 of the total 64 933 515 on the market, meaning just over 2% traded and the share price has gone from $1.30 to 18c

This stock was never going to be an over night winner, it was always going to take years to get the technology off the ground. ..Ive been in it for over 10 years since the Metex days

With Queensland now WELL out of the picture, its never going to happen there, the QLD Government have made it quite clear. Total BAN of the UCG Technology.... as far as I can deduce it wouldnt matter which Government is in, ITS BEEN BANNED.

I would love to add more here about the QLD Governments decision to BAN, however Im not going to waste my time.

However look at China, the market is gigantic, in comparison to QLD, its like a row boat (QLD) and Massive Ship (China)

We know "Keyseam" technology works, now demonstrating it to the Chinese and showing them the true benefits of this ground breaking technology and we are on our way to making history and help solve the energy needs of China.

With 64 933 515 shares at $0.18c = Value $11 668 032 ( 11.6 million dollars )
For a company that was once valued at around 300 to 400 million dollars, while trying to prove its "Keyseam" Technology
and NOW $11.6 million dollars once proven "Keyseam" works and also with $1.6 mil in the bank

To me its a bargain, I believe Australia was Robbed of a great future technology

There hasnt been a lot of news via the ASX on CNX, Im assuming, the process of transferring the efforts to China from Australia after coming out of Admin, would be challenging to say the least.

Give them time and lets hope for great news to come

This is my own view and do your own research when evaluating stocks.

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Thank you very much disco for your very well informed post re China !

So since the company update was released 3 weeks ago, has anyone been in touch with the company to see what we can expect before the Christmas break ?

CNX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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Thank you very much disco for your very well informed post re...

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Chaos reigns markets – so let's take stock of where we're at ahead of December

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects