Thanks for replying even if you were not able to answer my question. I am rather calm so I will apologize if you feel that I am being unpleasant, that was not my intention.
CXY may win a deal somewhere, sometime, but investors need to understand what a deal actually means and you should refrain from using words like "HUGE" when you don't even know what sort of revenue (let alone profit) could be earnt from any prospective deal.
CXY needs to get a successful outcome on the legal case before it can really compete with the 20+ other players in the global UCG space. That is going to take time and money. Nobody can tell me where the money is coming from. If CXY succeed, the Kingaroy shutdown would have stunted their advance in UCG, giving the competitors time to catch up and in several cases, extend their lead. CXY would be back to a demo plant, XX million dollars in the bank, a tainted history and would be looking to recruit talent again. Do you still see good prospects for UCG? If so, please tell me.
If you still think CXY has a chance, ask yourself why Linc Energy signed a MOU with UK Coal today and not Cougar UK? For the record, I am not a fan of MOUs and I wouldn't add any extra value to a company based on them.
CXY Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
