CXY cougar energy limited

re: Ann: Ignition Commences Successfully at K... Yeah...that is...

  1. 9,367 Posts.
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    re: Ann: Ignition Commences Successfully at K... Yeah...that is a concern...but this is such a massive de-risking. They have proven the technology to the same extent as LYC and CNX...and arguably have simpler business model going forward. With this ignition there will be momentum behind the Latrobe Valley project too.
    Its easy to say, also, that its another 6 months of testing...but the issue of technological feasibility is really the biggest issue and that has now me largely overcome. Sure things could go wrong in the next 6 months of testing, but once again, CXY have more runs on the board than anyone else in terms of an extended testing run at Chincilla.
    Who knows what Mr. Market will do...but my mind is very much re-assured and my confidence very much boosted.
 
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