CXY cougar energy limited

"potential monumental infrastructure disaster"

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    Robert Gottliebsen, in Today's Business Spectator talks about the cessation of long term maintenence by TRU in Victoria's LaTrobe Valley, and the likely "very large rise in power prices in the eastern states".

    Now let me think; Cougar Energy is involved in UCG right?
    NO,wait a minute they aim to produce ELECTRICITY, already with a proposed nice little margin.
    May be an even better margin if Gottliebsen is correct.

    In a future article he proposes a low carbon solution to
    Australia's short term power crisis.
    Somehow I don't think it will be Cougar/UGC, as we don't seem to be on the Juorno's radar.
    We can but hope.

    http://www.businessspectator.com.au/bs.nsf/Article/A-
    colossal-infrastructure-disaster-pd20090715-TXU6A?OpenDocument&src=kgb

    Boz


 
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