Given that we holders and speculators now have time to think.... it got me thinking.
I ask the question over and over... if the QLD already had evidence to justify canning this project wouldnt they have simply called a halt to all this waiting.
Are they simply stringing this out hoping the company will run out of puff and take its enthusiasm elsewhere....
It would seem to me that DERM is also running out of puff and excuses... and at some point, have to admit they have nothing. IF they can cougar, dont they have to also can any other UCG projects in QLD based on the premise that it is unsafe.
Seems to me that this is more about apeasing the locals by appearing to have invested time and expertise to ensure there is NO chance of the environmental damage that is so feared (and rightfully so).
Can someone give me a good reason why canning Cougar is possible?
Ive got another 7 days to ponder... and hold
Cheers
CXY Price at posting:
4.7¢ Sentiment: ST Buy Disclosure: Held
