From proactive investor article;
East Energy has a market cap. of A$19 million and, with cash in hand of $1.5 million at the end of the June 2012 quarter, has an enterprise value of $17.5 million. On an EV/Resource, Blackall is valued at just $0.01 per tonne.
http://www.proactiveinvestors.com.au/companies/news/33516/east-energy-resources-logs-billion-tonne-increase-in-coal-resource-at-blackall-to-174bt--33516.html