My thoughts entirely Dex :)
Major interest from around the world will see 2010
develop into a watershed year for UCG technology,
especially the leading players in the field.
However..few ask the question..where are all the
trained technicians coming from to undertake these
global projects.?..China understands this dilemma.
Cougars obvious strategy of targeting "multiple" UCG
plays is viewed by many as folly."Spreading CXY too thin"
is a common catch phrase.
Imo,any company that can board the "midnight express"
and develop a successful UCG business before its
competitors,is going to be "tomorrows Woodside"..
without the huge costs of operating offshore and
sooner than most realize.
The team Cougar has assembled displays a strategy of
Quality and depth that one expects from a company
positioning itself for "major growth."
Once ignition commences,the eyes of the world will
be on Kingaroy and with success in all facets of
operation,the antiquated power stations in Victoria
are set for extinction.
Ignite/Cougar's JV "conformation" will soon lead to
rapid action on [EL]4416..where 18/20 BT of lignite
coal awaits the capabilities of UCG for massive power
and diesel extraction.
AG Betts may have been the first to patent UCG..however
Cougar will soon take those early trials to their destiny.
Go Well
HM.
Add to My Watchlist
What is My Watchlist?