I think the fact that they are starting to accelerate things and make important appointments has really boosted their credibility. A significant rerating could be just around the corner imo, where CXY is seen as an equal rather than little brother to CNX and LNC.
I know most who follow this thread know CXY is already equal if not more advanced on the path to having UCG in production, but a lot of others that follow the other two UCG stocks don't share that enthusiasm.
But now CXY has some good momentum on the back of key appointments, funding progressing, pilot burn about to start, and at the same time key planning for the power station being done. Add in the fact that Wandoan has a very large targetted JORC resource, and the very large potential resource to be utilised in Victoria, and Cougar is finally getting some of the respect it deserves.
I think the fact that they are starting to accelerate things and...
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