CXY cougar energy limited

Ann: PwCS Corporate Finance Role , page-6

  1. 362 Posts.
    I got the distinct feeling that the expert boffins felt they had been snubbed by Len and hence the hatchet Job.

    To report negatively on a company because it uses consultants (Ergo Energy world leaders in the Technology)to explain UCG concepts to them on a white board is nonsense.

    They also point out that the structure of Cougar is not to their liking......So Cougar should be closed???? Only an academic could make sense of that one.

    What did they expect and get from the likes of Linc who they praised?? A video show with lunch and glossy brouchers they could file in their report.......

    Do they even realise that Len and Ergo were involved in getting Linc fired up in the first place?? Certainly no mention of it.

    One question at the back of my mind.... All the Boffins seem to be from Qld Uni or close by....Are they truly independant and are they really qualified in the right fields??

    Unfortunately DERM has passed the Buck 100% by stating that its decision was wholly based on the recomendations of the Independant Scientific Pannel.....Bit of a Catch 22 for Len.
 
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