ucg/coal mc comparrisons

While the list is general in nature and doesn't cover every aspect of the company ie: management and specifics it does give you an idea.

Also note that UCG progress in Qld may not go ahead fully in the future for sometime?

Imho I think it highlights just how cheap CGV is with an EV of $5m. Thats less than their actual cash reserves.

DYOR


CGV - After RI. MC $11m Cash $6m EV $5m

Projects:

1. India Project with Essar
Worth: $60m over 3 years to commercialisation
$20m in royalties

2. USA Project with the AES Corporation and Farrell Cooper Mining
Worth: Plant under full production $41m a year

3. China Projects
$30m funding to Ausino on table. New JV needed.
Possible news soon.

4. Australia Projects
JORC coal resource in Qld target up to 183mt

Traditional coal assets to be drilled in Surat
and Bowen Basins this year. Potentially worth millions
of dollars.

UCG technology in-house with technical director Michael Green. Worth millions of dollars. See Essar Indian deal. Cant bid without it!

Other potential licencing agreements in the future.

CXY MC $30m Cash $4m EV $26m

Projects:

Kingaroy project shut down. Unsure wether it will re-open.

Coal assets in Qld

Possible projects in China and Asia to come.

CNX MC $200m Cash $17.1m EV $183m

Projects:

Australia - Qld UCG plant

US, Turkey, Chile and MOU with Adani for Indian bidding.

Coal assets in Qld

UCG technology with CSIRO

LNC MC $1.3b Cash $364,000 EV $1b

Australia - Qld UCG plant

Coal assets around the country

Projects in Alaska and US

Oil and gas assets in S.A

UCG technology

LBY MC $21m Cash $3m EV $18m

Coal assets in Qld and Canada

No UCG technology or UCG experience in management