CXY cougar energy limited
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quick calculationBowen basin may have 170million tonnes of...

  1. dakook
    1,843 Posts.
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    08/05/13
    20:59
    Post #: 11740631
    quick calculation

    Bowen basin may have 170million tonnes of metallurgical coal.

    Metallurgical Coal selling for $150 per tonne.

    That's $2.5 Billion worth of coal in one of Cougars assets.

    Why the heck is this stock languishing at less than half a cent??

    Am I missing something?
    CXY Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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