NZ, it is not like this is CNX first venture into china. Shanxi coal and its provinces was to be the cornerstone start up for international glory. hurdles were nil (BRR Int, 2011) . Chile and the us were next, with a few more mou's after. Monetise our aussie (Thermal) coal assets is another non event to date.
Also appreciate that if Pacroads convert they receive 800mil shares at current share prices.
Last question i would ask is regarding our governmental officialdom and its red tape. Well worth spending a few hrs with a cuppa and a note pad, flicking through anns from 09 forward, to see how us shareholders are being diluted to nothing.
Are we still majors in EMX.ax. I noted that CNX did have 40% at the ipo, then 16%(2013) now palladin own that u308 license for nine odd mil in shares.
The coin, I have written off, but the proven concept I cannot.