CXY 0.00% 0.3¢ cougar energy limited

http://www.southburnett.biz/Cougar Sacks Kingaroy...

  1. 338 Posts.
    http://www.southburnett.biz/


    Cougar Sacks Kingaroy Workers
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    July 23, 2010 - Cougar Energy Managing Director Dr Len Walker announced this afternoon that the ongoing uncertainty around the company's Kingaroy UCG trial had forced it to sack employees in Kingaroy, Brisbane and Melbourne.

    It's believed about 20 workers - about half of whom were based in Kingaroy - have lost their jobs.

    Dr Walker told SBBiz that Cougar had been working three shifts per day at the Kingaroy project but because the site had now been put into care and maintenance mode, only one day shift was now required.

    Cougar was forced to lay off the other employees as the company had no idea when the State Government would allow the project to restart.

    "I'd like to pay a quiet tribute to all our staff," Dr Walker said. "They've all been passionate about this technology and this plant site which is probably unique in the world."

    Dr Walker said the uncertainty and delay had not only been a disappointment to him but also to all Cougar's employees.


    The pic is of the Kingaroy "Peanut Festival Queen". As you can see they're spraying some "real good stuff" on their legumes!
 
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