coalers comparison, page-6

Greetings 50cat.

The chart was not really about price. Well in fact it is and it isn't.

I got the market capital divided by tonnage for each of the companies. I then tried to bring it back to a common price such as RES at 70c by using the formula:

(CZA (Market Cap/tonne)/ (RES (Market Capitalisation tonne)) * RES present market price.

The idea was to try to have a direct comparison between each of the companies.

Thus if RES is now 7c if it was treated the same way as CZA is being treated now its price should be 32.3c. If it was being treated the same way as FSE is the price should be around 3.7c.

It was giving me a rough way to value each of the companies. You can then add your own ideas to the chart such as:

Does having P.Jury as CEO and having completed a placement meant that RES should be double what FSE is.

How do you compare RIV with CZA etc.

Here is a chart with CZA being the base price and you can then see that CZA hit $5 per share. I am working on a chart system that will compare thee companies day by day showing their changes in MC, Share price, cost per tonne, shares issued etc. The idea is to see when companies value changes proportionally to others around them.

Its just early days but I tried to keep it simple.