CXY cougar energy limited

ips precis - reflections, page-2

  1. 5,466 Posts.
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    my heartist commisseration to all long term holders. UCG is a technology that has yet to stamp its approval for producing clean and green cheap energy from what is essentially a wasted unminable coal deposit......but was DERM's action totally new or unexpected.... I am trying to track a email conversation I had with the dept head when they changed the rules on some well known shale deposits....it was at a time I was doing some research on Dr Len and link's Bond....remember Bond took over Link by buying out a $20mill debenture at around $0.05 in the $....now worth about $750 mill.... in those emails and in conversations I was warned that not all projects would get a safe journey to completion......remember Chinchilla was suspended at the time.....not for technology reasons but because the then govt backed power company backed down on a takeoff agreement.....at that time I thought the comments referred to linc....how wrong was I.... It is obvious to me that Bonds alliance in Qld far outweighs that of Dr Len.....who may have some deep seated opponents.

    Qld is the ultimate looser when its citizens need all the help the country can muster......the recent two events will be never forgotten
 
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