As it takes time to build a life,..so it takes time to build a corporate work of art...taking place within the structure of this company.
Central Surat [Wandoan]with its potential for an 800mt UCG development [Nov 27 release]could be a very conservative estimate,given the success rate so far..over the 180 sq km leases.
Several qualified observers suggest that up to twice the above would not be unreasonable when drilling is completed.
The way this company is progressing on so many fronts since being formed in Feb 2006...don't be surprised to see INDONESIA return to Cougars agenda in the not too distant future.
Given Len Walkers keen interest in the area..coupled with their recently re-structured,highly diversified, coal fields within its scattered Island population, suggest that UCG could flourish as an 'ideal' power source in the Archipelago.[and closer to home!]
All in all..over the next 18 months..Cougar will astound the less evolved,regarding this technology.
To know and not act, is not to know at all.
CXY Price at posting:
6.9¢ Sentiment: None Disclosure: Held
