ATQ atomic resources limited

big chat doing the rounds, page-10

  1. 8,965 Posts.
    lightbulb Created with Sketch. 174
    Hmm lets see...

    "Rough guess is that EV/Reserve value for average quality coal resource is at least $5/t, and potentially up to $15/t
    "

    400Mt x $5 = $2Bil Is that right??

    OR

    400Mt x $15 = $6Bil ?

    $6Bil resource with a market cap of 18Mil?

    I know that cant be right, but I'm hopeless with that stuff and keen to learn.
 
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