What this ann does for sentiment should speak volumes. Folks just need to join the dots with Len going back to China in May - exerpts from the update:
Inner Mongolian Autonomous Region
As previously announced, the Company?s partner DeTailong Investment Energy Ltd (DeTailong) has submitted a jointly-signed Co-operation Agreement and an associated project development proposal to the responsible local authorities for project registration relating to the Wu Ni Te coal deposit. Approval is now anticipated during May/June.
During a recent visit to Hohhot, capital of the Inner Mongolian Autonomous Region, Cougar Energy?s Managing Director, Dr Len Walker, met with the management of DeTailong to formulate a strategic plan for the commercial development of the Wu Ni Te deposit, specifically including the best use of syngas produced from UCG operations.
XinJiang Province
LIH has advised that it continues to conduct a drilling program on these leases, and welcomes Cougar?s input into this program, which is being undertaken at no cost to Cougar Energy. Once suitable deposits for UCG project analysis have been identified and prioritised, the parties propose to finalise their Joint Venture Agreement.
PG
May/June it is guys notice the key word for XinJiang is ONCE (not if).
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