did someone just take out 1.1m shares..., page-42

Geepers Dan

Why even bother to post such pained, gratuitous comments?

You've made me break a self imposed pledge to have a rest from Cougar tonight.

Whilst we know you are unimpressed with Cougar because they have development work to do, can I just let you know that I am singularly unimpressed with a $1.7bill ... THATS BILLION ... market cap for another ucg player yet to produce a drop of product from a demo plant.

The problem facing shareholders in LNC, MEE and CXY is simply how to value blue sky.

All three are all pursuing different paths to ucg commercialisation, with business models having significantly different risk profiles, capex and opex requirements. All three companies are pregnant with potential with a nascent technology.

Should the current mkt caps range from about $156mill to about $1,700mill at mkt close today? My opinion is no they shouldn't.

So, which is over-valued and which is under-valued today?

Regards
Dex