CXY cougar energy limited

just watched the business news on inside business channel 2 and...

  1. 2,461 Posts.
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    just watched the business news on inside business channel 2 and listened to Linc energy boss tell everybody his time frame is 20 months away and they are hoping a partner comes in to help progress ucg to as well as bolting on a gtl operation and even at the diggers and dealers convention in Kalgoorlie last week Robert M Friedland director of Ivanhoe resources walked up to the mike and said in front of all the heads of the 500 plus miners in the room Mongolia is the next south Africa of metals, and Australia could well find increasing competition in its coal markets going forward due to the very size of the massive amount of minerals untapped in that country With cougars massive coal land holdings and Chinese mou has any body taken a moment to understand kingaroy has no real reflection on cash flow in the short or longer term let me clarify that by saying yes bolting in a turbine will give us MW of power revenue but that will take time and money and ad very little in my opinion to real share holders value in the short term but a Chinese project would very quickly get the green light in that country and kingaroy would possibly remain a demonstration /test/small power operation allowing further refinement and training of engineers and operation staff. The world is hungry for power 20 million Chinese leave the country side each year to go to the city's in search of work they all need feeding a place to stay and a job to send money back to home this all requires energy inputs, lets put that in perspective the population of Australia all moving from one side of the country to the other and staying there and eating and sleeping, staying there not going back and the next year another 20 million people following you doing the same, the future for cougar is not kingaroy but Asia regards thedoors
 
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