Not in production yet?It only has the JORC resources. But we...

Not in production yet?

It only has the JORC resources. But we need to start producing UCG to realise full value.

Correct me if I'm wrong.

I would say its like CSG, you have 3P certified reserves and convert that to 2P certified CSG to realise more value.

ie. its like comparing MEL/BOW with AOE, AOE is already in production in CSG, whereas the other two are explorers.

I say long term wise, CXY is tipped to be leading in UCG.