Yes, bit old for sure, and no im not referring to that. It was a statement made by Len. Yes, fundamentals have completely changed now, so balls are up in the air.
I have a question though. What would a move to China mean for CXY's share price? Wouldnt it set them back a long way? They'll need to rebuild a whole new plant and spend a whole lot of money (something they dont really have). It would be a costly move. I would rather QLD just admit fault and let the company run again and continue operations. That would be best for CXY and the UCG industry in Australia. Long term CXY can think about a china move, but right now there is too much invested in AU to just drop it and start again in another country.
If they did move though, is that a positive or negative for Cougar?
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