comparison to prc

This is a rough comparison between BTU and PRC.

BTU
100m shares @ .15 = $15m
(recent approval for issue of up to 125m shares)

Aim 50-90mt Hi grade coking coal.
Production late 2011 at 1mt.
DFS due 3/4 2010.
Open Pit.

2 phases of drilling with first JORC late May and 2nd JORC in July.


PRC
404m shares @ .84 = $339m

58mt Hi grade coking coal.
Production started late 2009, but having issues.
Underground


Make BTU look undervalued imo, especially condsidering BTU is open pit and should avoid most of the issues that PRC are having.