For what it is worth, here is "Kookies" opinion on the long term prospects for the Cougar. First a bit of history... I bought in at 12c after a recommendation from a friend who knows someone involved with CXY. The GFC came and went and slashed the share price to around 8 or 9C. The Kingaroy contamination fiascso came and slashed the price to 2 or 3C and it seemed to me that the future of CXY was hanging by a thread. A degree of confidence was restored with various announcements and Len's astute management of the situation - so I bought more shares at around 3C and reduced my average considerably.
In my opinion the future is very good for CXY, I feel that once the Kingaroy situataion has been finalised whether it continues or does not continue this will be the catalyst for the bounce in the share price. Investors need the Kingaroy situation to be put to bed once and for all. The China investment and interest is what is going to make this company succeed, and Kingaroy (if it continues) will be a bonus.
I also feel that the publicity and information that has been published as a result of the Kingaroy situation will be a positive for the company as it will prove that this technology is safe and remove a lot of doubts from the minds of the doubters. Go the Cat!
Dakook aka Kookie
CXY Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held