i did a quick comparison for myself with CEYthe main product of...

i did a quick comparison for myself with CEY
the main product of both, from what i understand, is thermal coal.
CCC's market cap is in the order of a tenth of CEY's before it ceased trading
CCC's production, from what i could gather, is in the order of a tenth of what CEY was producing.
So the first impression that i get is that it is not overvalued or undervalued, but about right as it is, ignoring any debt consideration.

so apart from thermal coal being in vogue at the moment where is the optimism, regarding an unervalued status, comming from?