When I make a post such as my last I always look forward to a formidable rebuttal. Alas, my expectations are met again with anticipated disappointment. My kingdom for a response that can defend CXY. I challenge anyone to defend the following statement:
?CXY was a company trialing a technology that it didn?t own on piece of land it didn?t own. So what did it have? Apart from Len Walker, nothing! It was just one of many companies trying to break into the UCG industry. CXY did have something else, the absence of business acumen to make it a success. I applaud the QLD government for consuming its own resources to shut them down. If we had such regulation in all facets of commerce the world would be a better place. The fact that CNX and LNC will continue prove that the QLD government is not anti-UCG but merely anti-incompetence.?
ASX10, as to your post, I admit my posts are critical of CXY and definitely insensitive considering the timing but I have raised similar posts in the past. In an attempt to allay my bias, I am even more critical of those companies where I have my money invested, including LNC. I must be a grumpy old clown so forgive me for my defect.
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