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Enterprise value/total resource and in-ground value comparisons - allowances must be made for the varying stages of company project development. Figures below highlight the enormous potential PAK has as an early stage explorer:

Hancock Prospecting $740m takeover of Riversdale Resources 195MT Coking Coal Resource = implied value of $3.79 per tonne

ATU EV of $148.2m for 298MT Coking Coal Resource = in ground value of 49.7c per tonne

JAL EV of $44.5m for 99MT Coking Coal Resource = in ground value of 44.9c per tonne

AHQ EV of $31.7m for 125MT Semi Soft Coking Coal Resource = in ground value of 25.3c per tonne

PAK EV of $5.6m for 303MT Coking Coal Resource = in ground value of 1.84c per tonne

DYOR