Ann: MD Presentation to Queensland Government Mis, page-2

re: Ann: MD Presentation to Queensland Govern...
From today's announcement:

1. Cougar Energy - the only Underground Coal Gasification (UCG) company presenting at the Shanghai seminar

This surely has to be solid indication that either relations between Cougar and the Qld Govt are solid or that Cougar are going to great lengths to demonstrate their wares to the Qld Govt ... or both ... I think the former.

2. Discussions are also planned in Beijing with a number of other parties interested in developing UCG projects in the region.

No comment needed.

3. Three projects in preliminary discussions (including one with signed Letter of Intent: WuNiTeProject in Inner Mongolia 425 million tonnescoal, off-take with power plant operator in negotiation, pilot plant 2011)

2011 is next year!

4. Cougar Energy welcomes the following investment enquiries:

in the Australian Securities Exchange-listed parent company
in the Kingaroy Power Project
in introducing and co-developing UCG projects in the PRC and Mongolia(through CDIC)

This is in the context of a presentation in China ... they are inviting the Chinese to take a stake in Cougar and/or a stake in Kingaroy! Interesting!

Dex