Holders and would be holders (like me) may find this of interest if you haven't seen it already. It is of June 07 but paints a positive picture for CXY. An interesting reference to the Kalina cycle as well.
I can't vouch for any validity, just posted for your interest. For disclosure: I don't hold any stock related to this information, but CXY has caught my interest.
"That shows pretty much the UCG cycle..I think they are using the same company to develop who first started off with LNC (Linc Energy) in Chinchilla...I was watching them at 0.25 for a wee while, and then before payday...bammo up to mid 60's and stayed there ever since...check out the Kalina Cycle for info..also LNC website is a good read...UCG is great technology at a great time..its clean and doesnt dampen the coal industries economics..it also allows for recovery of resources that may be otherwise uneconomic..LNC definitely did a good thing by geting their own rig so they can drill merrily awy...dunno if cougar will do the same...but they are also placed in a good prospecting spot and I imagine majors like BHP/Anglo will watch them with a view to maybe taking over or licencing their technology...an interesting coincident fact is that BHP in the UK namechecked LNC as the type of company they would angle after as part of their techology divergence...I dont know much about shares but I am an engineer in the CSM and traditional gas/oil sector and these types of small companies (include MPO) are great little seeders for future growth..bit like QGC and Arrow were back in the day!" source: The UCG cycle_CXY information
CXY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
