drp, page-7

Capman

To quote ... "personally i would prefer nobody mentioned the "other" company on their respective threads but now you have mentioned linc i will join in" ... don't go getting all reticent and coy on me now at this late stage, its never held you back in past posts lol ... geeez my friend, embrace the "industry glow" not the incandescence of just one bright pilot light ... debating emerging greener energy shares should be fun rofl.

Shane/James

Two previous posts of mine give a different perspective and valuations ... Post 2911754 of 24/5/08 and Post 2955041 of 3/6/08 ... both consider a pro-rata multi project rollout, with the latter allowing for only 50% ownership of all overseas projects ... because it is pro-rata, you can work out a valuation just for Kingaroy 400MW, although why you'd restrict yourself to that limited view is beyond me.

Regarding rollout after initial projects for diesel (to date only LNC), electricity (to date only CXY) and fertiliser (to date only MEE) CXY is stand alone in the potential to roll out a McEnergy style business given the relatively limited capex for each project compared to that required for diesel and fertiliser.

To be fair though, the profitability per unit of syngas may be highest for diesel and lowest for electricity ... but on a derisked, cashflow business basis, Cougar developing into a large scale gas producer supplying a stable of power station projects cant be all that different in principle to BG or Santos or Qld Gas suplying the gas can it? Now, those companies are valued at ... ?

Cheers
Dex