It's pretty obvious someone is out to kill the UCG industry, whatever their motivations. CSG, environmental, political, even personal.
Just look at what happened here. Someone at DERM:
- Ignored the doubt over the validity of the test - Stood down a DERM employee - Ordered Cougar to halt their project - Ordered Carbon and Linc to review their projects, despite comprehensive testing programs already in place (what could more testing possibly achieve?) - Started a media circus, throwing around terms like "carcinogenic water" and that the opposition groups were "vindicated"
In the process, they did untold, undeserved damage to the reputation of UCG in this country.
It's an absolute disgrace. Whoever was responsible for this farce should be forced to resign.
CXY Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held