CXY cougar energy limited

not government backing

  1. 287 Posts.
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    There is a big difference between the Queensland State Government backing, and the Government Owned Corporation Ergon Energy merely exercising a commercial decision to supply power to the Kingaroy facility. This is not Government backing it's a commercial/financial decision by the Board and management of Ergon and not a Government decision from within the executive or Cabinet. There is a world of difference!!
    Still a positive announcement for the company and Shareholders.
 
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