"In general, the few analysts covering this industry just dont have the necessary knowledge to extend beyond the coal and coal seam gas industries "land grab" valuation methods imo. Those analysts are beholden to messianic utterings in the early stages, but sure as God made blue sky and little green apples they will learn fairly quickly."
That is an outstandingly accurate comment PD, and not isolated to UCG believe me. As I said on another thread if it isn't conventional mining then they and the wider market don't look past their noses. By the time they work it out the horse has bolted, I see CXY fitting this mould perfectly atm.
Good to see you back, always enjoy your posts. CXY is one I have had an eye on and still looking closely for a possible longer term position. Your post a few back here was an excellent read and now prompting me to look closer.
Cheers HS
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