for all those that have followed the rise of LNC,MEE,ICN etc, check out CXY, with UCG projects in Queensland, Victoria, India, and Pakistan, they will be the next big thing in the UCG sceene.
With a market cap only a fraction of all the other names it won't be long before the bigger boys start taking notice of CXY.
much like ICN, CXY is in discussion regarding funding of their Queensland UCG project, and any development on the funding front is likely to send the shares racing.
but the icing on the cake will be next months trial burn at their Kingaroy project, drawing attention to CXY in the race to be the next commercial producer in australia.
CXY Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held