With all UCG stocks under pressure at the moment, now is a good time to remember how far CXY has come, and to be fair CNX and LNC. Others outside the three leaders, whilst already being far behind, are losing greater and greater Market Capitalisation by the day.
In my opinion, the bounce back when it happens will see the top three leap ahead of these minnows and wannabees.
CXY has strong management who don't get flustered by a short term phase, great technology partners who've actually achieved already, sound financial partners, and excellent projects both here in Australia and abroad.
UCG offers an economical way to utilise coal whilst cutting CO2 emissions, and lowering costs of extraction, infrastructure and waste. I have absolutely no concerns about CXY in the medium and long term, and merely await the end of this choppy period of trading around the world. At these SP's I'm looking to buy more.
My sentiment hasn't changed in over a year, nor will it as these short term changes run through our markets. Dex, and others can tell you whay UCG is technological great, I look at the strategic level . . . and the future is rosy!
When basing your investment decisons I like facts, so read the quarterlies, half yearlies and study what the companies have achieved, what they said they would achieve and what the did achieve. On that basis investment are far less risky.
With all UCG stocks under pressure at the moment, now is a good...
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