Then with government behind the mining industries as they are, the future is looking pretty positive I must say for CNX. Not saying this just because numb nuts goes and gives a lump of coal to the royal family, but of course due to other factors in parliament and the media, for the mining industry as a whole.
I also don't see Australia moving at a very fast pace with other forms of renewable energy in the near future... see here:
Also with the forced closures of Aboriginal Communities around the nation (for mining purposes of course, check john pilger's doco http://utopiajohnpilger.co.uk/) along with the demand for gas for local and export trading, we should see this one go off once confirmation comes through from QLD govt.
It doesn't matter what party is leading in the government state or federal... Both the coalition and labor have one hidden collective agenda behind them... Please tell me that no one still believes that all governments are not corrupt.
Is CNX technology clean... well not too sure I can say if it is or isn't. CSIRO is a government backed firm, correct me if I am wrong. Though having them there is definitely a bonus, especially when media is involved to help with government propaganda.
However I do believe that with CNX having a running facility (correct me if I am wrong here too, as I haven't checked in a while) and the other factors I have mentioned, we should see an approval to move forward.
I've been a long time holder and I have been through the ups and downs. Very interesting to see this one finally play out. I am optimistic and I will be pulling out at $5, to invest in a house finally. Let's hopefully enjoy the ride until we get there.
All my own opinions above, so feel free to rip it to shreds.
Peace
CNX Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held