CXY cougar energy limited

depends on your definition of commercial production doesnt...

  1. 4,234 Posts.
    depends on your definition of commercial production doesnt it?

    1stly, nobody is going commercial without the QLD govt giving it the all clear.

    secondly, CXY has a pilot plant before advancing to a larger scale facility. This is in comparison to CNXs 5MW plant that they are only a few months from operating.

    Maybe the 5MW plant is not 'commercial' enough for them and it wont be until the 200MW plant is FEEDed and funded that they will be considered commercial.

    It is all semantics and just words like 'world class' and 'Australia's UCG leader'.

    The only thing that history will remember is when one of the YouSeeGee Three actually come out and announce that 'we have a large commercial plant fully operational'.

    Until then, just semantics and hardly a metric as there are +ves and -ves about each and every project they are running.

    Cheers,

    SF
 
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