technology meets resource, page-4

the market is hungry for coal (dirty or clean) opportunities atm.

The company has an undiluted MC of $32m.

Add 19m for oppies but this is a long way off (2012).

The company numbers are just staggering, the company presentation estimates approximately 32 billion tonnes (non JORC) of coal and 10-30 TCF gas.

How do you even begin to put a value on this??? Fact is - you don't and the market hasn't yet.

I agree with LNC's statement that the MOU was a coup for them, but it is also highly advantageous for SXP. Now you have one of Australia's leading clean coal tech companies to lend their leverage to the project - quite possibly the best thing that could have happened for SXP.

It would be nice for someone to go over the MC's of some of the other coal/CSG players but I am certain that SXP is extremely undervalued.

Over the next 3-6 months this one is going places