how to value ucg ??, page-4

Dex, there are thankfullt several ways we could value a UCG company. As you illustrated, using gas reserves is one of them, yet there are others that are more favoured long term. Usually financially based they rely on a profit etc.

however given that we known what is forecast for CXY's Kingaroy plant, i.e. a $75 million profit contribution, a simple "seven times" also produces a market capitalisation figure of around $500 million (or $0.5 billion. With Wandoan being at least four times the size of Kingaroy, i.e. $2 blilion, it really is easy to see a vlauation for CXY of well north of $4 - 5 billion.

No doubt we will have thos that call us rampers, but please tell us where have got it wrong.

The only element where there appears to be any doubt, is simply how quickly CXY gets to those kinds of figures. Assuming by "full production year" of both Kingaroy and Wandoan this figure could be reasonably achieved, then surely CXY must today be worth a damn sight more than what it is.

Dex, maybe we should simp,y stop trying to use logic and reasoning, and go all out for the emotional response. You going to cry first?