whats the plan?, page-11

rogerdat,

It's ironic that the "stupid" question is in fact the most important question!

If I may offer my humble opinion, there are two main facets to your question:

1. How do they minimise cost (and dilution)?

As has been announced you have a (small?) gas turbine that will generate sufficient electricity to power the site. this will also do a number of things:
a) allow them to use this energy while they continue test work (optimisation?)
b) demonstrate/market the viability to regulators, potential partners, the community and dare I say it - the shareholders!
c) test/prove system over time
d) allows them to create/prove a model that can be packaged (to others)

2. How to they generate real cash flow and become a viable business?

This is the more difficult question. Development requires money - lots of it - and we all know about dilution! But that is not how you really develop this. There are lots of examples of money use on low risk, low return investments - we call it superannuation - or the "Macquarie" model made famous by the rise (and fall) of Babcock & Brown.

Cougar strength is it's technology - therefore a serious partner is required. But these partners need low risk - and that my friends is what the successful burn gave Cougar. Not quite a free carry but close enough!

Let the games begin!

cheers
neo