CXY cougar energy limited
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The expanded capital base after recent raising and options...

  1. poyndexter
    40,085 Posts.
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    25/02/10
    17:42
    Post #: 6378034

    The expanded capital base after recent raising and options exercises is something over 900 mill I think. Its not a drama imo as Patterson's conservative valuation of 34c/share based on commercial success at Kingaroy and Wandoan still only values the company at about $300mill. Expect some clever financing to be delivered by Mr Glynn imo.

    Dex
    CXY Price at posting: 11.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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