Ya,
I was making the distinction that all this "coal" regardless of end use is from an exploration target and cannot be compared directly to LNC or CXY or much else.
Exploration targets are developed usually by a geologist or 5 (at a desk) stroking their statistical imagination to ideat what will get them paid. It may or may not exist.
Any calculation of EV/(coal or gas or almonds) then is not based on sound fact (better know as a JORC).
1 trillion tonnes coal for $40 million, page-22
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