CXY cougar energy limited

trading halt, page-54

  1. 1,857 Posts.
    Rumchuck, I stand by by comments. UCG into electricity generation has one risk profile, UCG to Diesel/Fuel is another risk profile. Whilst I hope they are both successful, CXY has the least risk to commercial success.

    Should LNC do oit as well, good. CXY can choose to follow or adopt a different strategy.

    Also, to another poster. Don't for ge the UCG technology was shown to be the right to import inot CXY when power prices were much lower than today. I remain confident that a 40MW UCG plant can compete with the best and alkrgest traditional coalburning power station . . . at what ever price.
 
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