CXY 0.00% 0.3¢ cougar energy limited

Start of investigations?I was under the impression they were...

  1. 2,215 Posts.
    Start of investigations?

    I was under the impression they were planning a power station and that :

    "although significant additional field test
    work was required, the deposit was ”likely to support a UCG operation with output to sustain a
    power station in the range of 120MW to 1200MW”."

    I don't know a whole lot about the UCG or the investigation process and I understand that additional tests need to be done, but am I misreading the tone of this announcement - is it a work of spin?

    I can't understand why they would look as far afield as this if they didn't think it was an exceptional prospect.



 
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