NEC is cheap in comparison to COK.. similar tenements around the surat basin, both rely on missing link railway. NEC has more indicated resources and is far cheaper.. COK would have to fall to around 35cents to make it as attractive as NEC..
What other factors would make COK so much more attractive to the market than NEC? Especially since NEC has more reserves.. Can anyone explain such a large difference in market price/value?
