CXY cougar energy limited

The Capital Raising could well be the second now that the...

  1. 1,857 Posts.
    The Capital Raising could well be the second now that the Limitedless or Limitless or Limitsomething are overdue on their second $1 million.

    But something else has fired my imagination and the amount in particular. No one raises that kind of cash with the SP being where it is now unless there is another reason. They usually draw the process out trying to get some now, and more later. This has a "good feeling" attached to it,

    In my opinion we should look out for a surprise, a very very welcome surprise coming through over the next immediate (few weeks) future.

    Underlying this is one key thought. IF, and it is a capital IF, management has decided that doing business in Australia isn't for them in the short term, then to do a half hearted international venture would be a slow road to nowhere. However Len doesn't strike me as a bloke who goes anywhere half hearted. If you believe that, and I do, then "going international" would mean precisely that, going international . . not Chinese or Pakistan or whatever other country you want to list . . . . but going several places.

    There must be several would be suitors out there looking for a good joint venture partner already with considerable UCG experience.
 
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