CXY cougar energy limited

Couldn't give a stuff what's on the cover! The numbers tell the...

  1. 113 Posts.
    Couldn't give a stuff what's on the cover! The numbers tell the story. You can't build a mansion if you can only afford a townhouse. Building a power station is expensive, and I definitely hope management can deliver without issuing more shares. Cougar seems to have great technology, a good attitude to using only proven technology to eventually gain an income stream, and from what I can gain, good people within management who don't carry on with hype and rubbish. However, as an investor and part owner of this company, I think a clearly laid out plan on costing expected with the construction of a power station should be laid out by management. Clearly it sounds great to have cleaner, cheaper power, but delivering the goods is all that matters. I think good things will happen for Cougar, but I don't think existing shareholders should have their holdings diluted through further share placements to do so. There in lies the problem, how will the Kingaroy project be paid for??
 
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Currently unlisted public company.

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