CXY cougar energy limited

While UCG is better then CSG and all the hoo ha in the papers...

  1. 16,536 Posts.
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    While UCG is better then CSG and all the hoo ha in the papers and from DERM etc have been a whole lot of rubbish, it all doesn't matter.

    If DERM were going to back down on this issue they would of done so ages ago.

    Cougar will not have the cash to go to court on this one and risk the real reality of paying out the 800k and a whole lot more to the filthy Qld government.

    The likelyhood is they will have to pay a $ penalty and regenerate the Kingaroy site. It seems very unlikely that Cougar will be able to operate in Qld again. Thats a fact.

    The sooner they leave Qld behind and cop the fall out and focus on Asia the better it will be for all involved imo.
 
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