Please can someone offer some guidance for exporting a OBJ file from ContextCapture editor.

Please can someone offer some guidance for exporting a OBJ file from ContextCapture editor.
I have created a new project, set the correct co-ordinate reference system and finally attached some older 3sm files to the project.
The attached 3sm files are geolocated correctly and have no issues, really I just want to convert them from 3sm to OBJ to work in another platform.
When I export an OBJ file from ContextCapture the real world co-ordinates are lost and new local 0,0 based co-ordinates are now applied.
I cant quite understand if I import a file on the correct co-ordinate system, I view the file inside of ContextCapture editor and its the correct co-ordinate system but yet when I export the file the correct co-ordinate system is lost. What am I missing here please?

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