DreamCatcherWell, after a few k's in the cold night air I am...

DreamCatcher

Well, after a few k's in the cold night air I am none the wiser really.

I reckon there would be a lot of perceived blue sky associated with announcements of the commencement of one of two commercial projects in China.

However, if that is all there was and they were successful 200-400 MW power station projects 50% owned by Cougar, then maybe a $200-300mill market cap in the long term if valued on cash flow.

Would one or two successes in China lead to more opportunities in China, other countries or, God forbid, back here in Australia? Would it continue to be 50% in China or might it be some diminishing formula?

What I do think is that not many currently on the share register would still be there if the market cap reached the above within a year or two.

Is that sufficiently cautious?

Dex