"Cougar is not intending to sell the Kingaroy gas itself. Rather, it intends to sell electric power generated by burning the gas in a suitable turbine."
You know fellaz, if CXY is going to burn the gas and turn it in to electricity, i rekon they should use the BlueGen unit for that conversion of fossil gases in to electricity, which is >60% efficiency.
Some of you already know that Ceramic fuel cell (ASX code: CFU) invented that OZ technology right here in VIC. And yes, I am also a shareholder of CFU. Just a thought for the interested.
Cheers
CXY Price at posting:
3.1¢ Sentiment: LT Buy Disclosure: Held
