Cougar Energy?s Managing Director Dr Len Walker commented: ?This...

Cougar Energy?s Managing Director Dr Len Walker commented: ?This is another significant milestone in Cougar Energy?s plans to expand its UCG business in the People?s Republic of China. Shanghai Limitedless Investment Group Co. Ltd is a dynamic privately-owned group with great enthusiasm for promoting and commercialising UCG in China. We are impressed by its preparedness to back this enthusiasm through investing at the Company level and providing critical seed funding to accelerate project development in China.?
The SLI Group (Australian based Shanghai Limitedless Investment Group Co. Ltd) is actively involved in a number of investment activities including the mining industry in Western China. It also has investments in coal, gold and base metals projects in that region and offshore interests, predominantly in Australia.

This is what I call excellent job and smart forward thinking...Congratulation to the Cougar's team and all of us loyal holders.
The SLI investment group will now definitely open the door to fast tract the UCG projects in People?s Republic of China and same time unlimited opportunities for COUGAR.
IMHO, with or without Queensland (which I?m still strongly hoping will get trough soon) Cougar is in even stronger position than before...(only my opinion DYOR)
P.s.: don?t forget we have the same leader/same professional team as before and on top of China we still have Mongolia, Pakistan, UK, western Australia, etc in our sleeves...
GO COUGAR...

Country writer, you are right about the leveraging down...I just did..

Exiting time :-)