CNX 0.00% 0.0¢ carbon energy limited

Thanks to our dumbarse political process.........I can only...

  1. 4,245 Posts.
    lightbulb Created with Sketch. 67
    Thanks to our dumbarse political process.........I can only envisage more & more delays unfortunately. This will cause an already cash strapped company more financial pain. This can only lead to several scenarios....all which probably won't appeal to existing holders. Possible scenarios (in my opinion) are......QLD Gov gives the go ahead for UCG...hahahahahhahahahahahhahahhahahahahahaaaaaaaa (and we're deliriously happy) ...unlikely in the foreseeable future...Joint venture /partnership (partial sale) in attempt to 'cash up' the company's position.........yet another CR or share issue....more dilution (and at what price ???)....a loan (it would be distressed & high interest) or maybe a 10-1 consolidation followed by a CR at a higher price. CAn anyone else see other scenarios ? These endless delays & reviews have, in part, been necessary for DD etc...but geez, they have slaughtered us !
 
watchlist Created with Sketch. Add CNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.