cool energy - cooling?, page-3

Coolheat. Yea what was it actually? An LNG process? CO2 removal process? Perpetual motion machine? Emperors new clothes? Do you think the promoters of it had actually decided yet? Does anyone on this board know??? If so can they explain it for ignorant peasants like myself?

Always looked a bit sus to me. And NDO never looked to be the company best suited to either it's evaluation, commercialisation, or application, even assuming it isn't hocus. They still don't. Like almost all O&G juniors their skills lie predominantly in the subsurface stuff, perhaps economics, ocassionally even project development, but almost never in the commercialisation of novel process technology.

The coolheat people spoke as if the world didn't already has LNG and CO2 removal processes, but never explained what they had actually come up with.

I got out of NDO (sadly so, at about 7 cps, but still with a good gain) within days of the original Coolheat announcement. Management (who I considered as still on probation) judgement just looked too suspect.

I like to see some real runs on the board, assurance that they wouldn't suddenly bet the farm on some non-core activity, and a valuation backed by conservatively projected returns, not just management hype about ticks on an action plan, before buying into NDO again. They look to have some interesting opportunities.

Perhaps I am being too harsh.