lnc,cnx,cxy valuations

Interested on thoughts in relation to Gold Oz report valuations of the three main UCG companies in Australia. Considering LNC has been as high as $5.00 giving a MC of approx 2.5 Bn where does CXY fit. The report states clearly that in Gold Oz's view CXY is more advanced and more experienced(staff).
LNC at it's highest level had a MC 30 times that of CXY. If what is said in the report is close to the mark, then CXY in comparison to LNC and CNX should have a current MC close to these 2 (say $500Mn). Going on earlier hysteria around LNC at $5.00 it could be $2-3 Bn.
Is it 'pie in the sky stuff' to think that a SP valuation of say $0.70 - $1.50 is realistic in the current market??? Especially compared to LNC and CNX???