CXY cougar energy limited

from where i don't much care, page-4

  1. 615 Posts.
    pickubrains...no I don't gotta buy.. :)

    Let's see the following first:

    1) Restart of the pilot
    2) How much cash they have
    3) If they get people to work for them
    4) What their business plan is going forward
    5) Whether their plans (MOU with Eneba) prior to the halt are still viable
    6) How they plan to get the necessary funding for the next 12 months and for their long-term plans.
    7) How CXY rates against every other fledging UCG company out there (in Australia and across the world). Take a look, UCG operations are springing up on a regular basis.

    UCG will be big but it will take another 3-5 years before it takes off. It is now a game of survival and I see company's like CXY having slim chances. You have to ask yourself how long can companies like CXY survive without any revenue?
 
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