hiwayman,
I absolutely disagree.
Reliability of supply must be absolutely demonstrated in order for the ROI model to work.
This is a technical question over the project which must be answered at present and I am sure that the bankers are going to make sure this risk is acquited as best they can.
I do not doubt Cougars ability to get there, but in terms of frequency of projects and reliability of supply that has been demonstrated thus far; this industry has a long way to go (maybe 10 years) til it can prove to the world that it is a force to be reckoned with.
Until then, they will suffer. But yes, suffering without reward would be torture and I am not up for torture which is why I believe that we will have success at Kingaroy.
Please dont be so blind and talk up UCG without considering the REAL risks and the reasons why the project is taking the steps it is.
Cheers,
SF
hiwayman,I absolutely disagree.Reliability of supply must be...
Add to My Watchlist
What is My Watchlist?