coalers comparison, page-2

This is the Market Capitalisation /Tonnage



and through a bit of excel playing around here is the above but in RES cents.

It s a bit of a dynamic target setter.

Therefore, forgetting all other factors, and just relying on price, tonnage, and shares on issue I can get a target price.

Therefore, if we are at the stage of development of RIV or CZA, debatebly about 7 or 8 months away we would expect a target on todays conditions of somewhere between 24-28c.

Of course as CZA and RIVs prices recover the target will go higher. If RES tonnage goes up the target will rise. If more RES shares are issued the target will decrease.

Anyway I found it interesting.