I have spoken to an ALP candidate about the schemozle that the govt created with CNX - approved science but no approval to apply approved science. He initially thought it was a bit obscure but came back saying -after checking with his "people" - that the situation with LNC may have had plenty to do with their decision to put UCG in the cupboard.
The way this government thinks - if a certain brand of 6 cylinder car pollutes too much - all 6 cylinder cars pollute too much therefore take all 6 cylinder cars off the roads.
CNX Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held