CXY 0.00% 0.3¢ cougar energy limited

I don't know about BHP buying Cougar, and they don't own the UCG...

  1. 446 Posts.
    I don't know about BHP buying Cougar, and they don't own the UCG technology so Cougar can't have any value based on technology.

    IMO the coal assets are worth 5 - 7 times more than the MC of CXY. It akes Cougar very vunerable to as a takeover target. Maybe this is CXY's ubderlying strategy.

 
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