extracts from world business broadcast

http://www.osixmedia.com/home.aspx With Thanks to Brenden.

The interview is one hell of a good one!

Len essentially sounds the most bullish I've ever heard from him. He says:-

a) CXY is the leading International Developer of UCG in partnership with Ergo Exergy
b) Ignition will occur within the next couple of weeks. (Bear in mind the Interview is ten below the top so probably occurred several days ago).
c) Looking for large Technical or Financial Straegic Joint Venture partners.
d) Kingaroy will cost around $500m and produce cash flows of well in excess of $50 million per year.
e) Projects: Kingaroy is Power Genration, wandoan is Power Generation AND Petrochemicals including Liquid Fuels and Victoria is as Wandoan.
f) Looking at projects in Australia, India, Pakistan, US and UK.
g) Will raise $300 million at end of 2010 for first part of Kingaroy Power Station.
h) Power Industry is conservative and likely that partner will be a financial one.
i) CXY seen as the most capacble to get UCG into commercial project
j) Lens quote "Every so often a company comes along that early shareholder secure extremely large capital gains". " At Market Capitalisation of "just over $100 million" there is extreme potential for a ten fold increase in capital value over two to five years".

Guys you need to listen to this . . . fantastic! Thanks to Brenden again.