There was plenty of publicity about LNC last week and today CNX have come out with a 30 page broker presentation on the merits of UCG. They will be promoting the concept from today through the 18 September.
It would be probable that Cougar will take advantage of the publicity and get something out soon about all their activities eg Victorian coal, financing the trial burn and setting up the trial burn.Len Walker is off to a big coal conference in the US at the end of the month to top it off.
I can't remember when there has been so much happening in this sector. It is very similiar to the period when coal bed methane was being promoted as a new energy source.
Now is the time to get aboard. Len Walker has done all of this before.
CXY Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
