ucg technology questions, page-2

Mr G Iguana

You are asking questions for which shareholders (including myself) are unlikely to know answers ... and you know it ... so come out from behind your agenda and say what's on your mind.

If it is essentially no different to your last thread, then anwers have been given.

The closet I can come to being helpful is agree that you really should email Ergo Exergy and see what boomerangs back to you. Alternatively you could ask your Ergo questions in an email to Cougar. In this day n age you could have typed just the questions in your longer post and emailed them to Ergo/COugar before you'd finished typing your longer post to start this thread lol.

Here are some rank guesses from me:

Your Q1 ... soon to be three (Chinchilla, Eskom/Majuba, Kingaroy ... if Kingaroy is a success then that would be 3 out of 3 ... what I definitely don't know is how many reactors/cells have been developed in each project.

Your Q2 ... I don't reckon anything much has been published about reactor designs by CXY, LNC or CNX ... and I have never worked for Ergo or Cougar lol ... I suspect that LNC/CNX being in IP development mode justify holding such information quite tightly. I imagine that if CXY's pre-production burn at Kingaroy is sucessful and they go on to construct the power station that it will be hard to supress the technical details.

Your Q3 ... look at the modest cash burn at CXY over the past three yrs (avg abt $9mill I think) and take a stab on the % of that paid to Ergo ... crudely, double that to allow for Majuba and check back into some early CXY announcements where I recall a $/tonne figure was put on the Chinchilla burn ... on that basis I would punt that Ergo's spend might be something approaching $30mill. As the Soviets have apparently spent an estimated $10bill over the past 3 to 5 decades, Ergo cant be reinventing the wheel, but rather improving, refining and fine tuning on such a budget. I suspect that LNC may have spent a similar or higher figure over just the past two to three yrs at Chinchilla ... you could check that and do likewise for CNX.

Cheers
Dex