CXY 0.00% 0.3¢ cougar energy limited

what would you do?, page-6

  1. 615 Posts.
    bear1041

    your comment

    "I think you have drawn an accurate picture of the level of 'technical advancement' and 'superior UCG expertise and experience' Cougar holds over other UCG companies in Australia.
    This undoubtedly obvious technical superiority has brought about the undoing of the Kingaroy pilot burn, via political and media sabotage...
    "

    is beyond sanity and I shake my head reading these type of posts.

    CXY was nowhere near commercialization, for christ's sake it hadn't even finished it's demo. Did anyone see the following:

    - design or detailed costing for the commercial plant
    - location for commercial plant
    - Funding for plant
    - application or government approval
    - agreements with utility companies to buy the gas/power?
    - etc, etc.

    CXY is gone. Rather than theorizing, put it down to the fact that CXY couldn't demonstrate technical competence. LNC, CNX and others are still there, they seem to be able to demonstrate technical competence.

    I will no longer read the CXY thread after today, especially now that Yorkville issued its Default notice. Bye bye CXY.
 
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