CXY 0.00% 0.3¢ cougar energy limited

still nothing from dorothy?, page-6

  1. 314 Posts.
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    Hi Guys
    IMO the Queensland Government will let it run as Cougar, Carbon and Linc are all in the words of the Government Policy:
    (The Policy provides for a UCG Pilot Phase to gather the information necessary to assess the future viability of a UCG industry in the State. In particular, the Policy makes provision for three UCG Pilot Projects to demonstrate the technical, environmental and commercial viability of the UCG technology.)

    So the way I read it it's "ALL or None"

    Read for yourself: http://www.dme.qld.gov.au/mines/underground_coal_gasification_policy.cfm

    Reporting Process and Timeframes

    Each of the three Pilot Projects will submit a detailed technical report of all activities, impacts and findings of its Pilot Project no later than June 2011.
    The Panel will review the Pilot Project Reports, focusing on the technical and environmental aspects of the UCG technology. The Panel will submit its analysis to the Interdepartmental Working Group in mid to late 2011.
    The Interdepartmental working group will report to Government on the future viability of UCG technology in Queensland, including an assessment of the potential costs and benefits of UCG for the State and advice on the environmental sustainability of UCG in Queensland. The report is expected to be completed by the end of 2011 for Government consideration.
    The Pilot Phase will finish when the Government makes its decision regarding the future viability of a UCG industry in Queensland.



 
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