Volume has been surprisingly low given the company changing nature of recent events, and there has been solid support as well. Less than 10% of issued shares transacted, and half of that is probably churned once, at least. Says to me, many long-terms are staying put for time being.
Another scenario I hadn't thought about earlier, UCG sector consolidation? Would this provide another source of demand should prices fall too low. might benefits two parties, one gets a new UCG process and a project ready to go - CXY get some breathing space and a more secure line to capital.
Anyway, got some more at 2.5 cents this morning and they are going in the bottom drawer.
CXY Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held