CXY cougar energy limited

left field, page-11

  1. 142 Posts.
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    Here's one from left field that would definitely get the share price moving and also be (IMO) good for the company.

    LNC's recent entry into the ASX 200 and agreement for $1.5 B asset sale has seen the SP increase a lot. The company's management has already bought out SXP to secure coal resources for UCG. The production of liquids from the pilot plant is imminent. Their management has done great things and now...

    They decide to buy out CXY - get Len (who came from LNC originally) back into the fold and have a part of the company that focuses on UCG for power generation.

    I hold both stocks and believe in both companies and I wouldn't be annoyed if this were to happen.
 
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Currently unlisted public company.

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