{
  "docId": "019dd923-622b-71dc-a6da-fb39d1a50dfd",
  "docSlug": "41a3bf6001ae",
  "documentTitle": "CONSOL Energy (CNX)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2015-11-16 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 45,
  "pageCount": 107,
  "prevPage": 44,
  "nextPage": 46,
  "slideType": "other",
  "function": "present_solution",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a humorous cartoon to make a point about competitive advantage regarding land ownership and royalty costs.",
  "elementsJson": [
    "headline_text",
    "photo",
    "paragraph"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6da-fb39d1a50dfd/45",
  "deckHref": "/decks/019dd923-622b-71dc-a6da-fb39d1a50dfd",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6da-fb39d1a50dfd.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-fb39d1a50dfd#slide-45",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "And CONSOL can afford to be patient. The company owns much of this land outright, so unlike many of its peers it doesn’t pay royalties and it doesn’t need to drill in order to maintain its rights.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-fb95-7708-ad5d-c2a24c4a4cc0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.305,
        "w": 0.428,
        "x": 0.286,
        "y": 0.144
      },
      "kind": "image",
      "text": "Cartoon of a king and a child on a throne with the caption 'Tell me again about royalties.'",
      "attrs": null,
      "subkind": "illustration",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eb8eca09-6a44-455a-bc65-19bda12d472c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.055,
        "w": 0.764,
        "x": 0.118,
        "y": 0.485
      },
      "kind": "paragraph",
      "text": "And CONSOL can afford to be patient. The company owns much of this land outright, so unlike many of its peers it doesn't pay royalties and it doesn't need to drill in order to maintain its rights.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d2dc00a9-c9a1-4592-8d91-292e61ddb7a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“Tell me again about royalties.” — Cartoon caption",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-fb95-7708-ad5d-c542550b33d0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.388,
        "x": 0.306,
        "y": 0.085
      },
      "kind": "title",
      "text": "Land ownership",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5dc31c8b-b360-49f1-a0e6-4b365ecf6792",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Contrast Pairs",
      "slug": "contrast-pairs",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "e6a2e8f1-8e58-40a2-b85c-7d4413155406",
      "evidence": "The company owns much of this land outright, so unlike many of its peers it doesn’t pay royalties and it doesn’t need to drill in order to maintain its rights.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}