volume starting to pick up again, with 2 million disappearing...

volume starting to pick up again, with 2 million disappearing from the sell side in quick time.

with all the positive news flowing around the UCG sector at the moment, CXY is one of the only plays on the ASX that provides exposure to not only Australia but also the massive reserves in India/Pakistan as well.

with discussions already underway regarding funding of their Kingaroy UCG project and the trial burn only weeks away no, CXY is on the verge of a major upward re-rating.

and judging by the over subscribed MEE placement there is plenty of money wanting to get involved with UCG at the moment.