Queensland ......asset.....??? Could be the ultimate cnx oxymoron ! Qld only reflects liability in the cnx business dictionary. Our involvement there was the beginning of the end. If we have any assets worth anything at all we should start a class action against them. Now that the administrators have been called in at least someone will make some money from cnx. Vultures will now strip the carcass & SH will be left with zip. Imagine the wash up anyway.....$5 mil in assets divided 99 billion trillion shares means we get an envelope of imaginary Syngas each. This is purely a story of Aus bureaucracy cannibalising an Australian company trying to market an Australian patented technology. It seemed they were on the verge of getting up of the canvas as well. Queensland has been a sad state of affairs for us. Enjoy your Xmas dinner of UCG everyone ( underground cooked goose) !!!!!!!
CNX Price at posting:
1.3¢ Sentiment: None Disclosure: Held