Is there a "rule-of thumb" going rate for a Coal resource. Compared with peers, what's a tonne of coal in the ground mormally worth. And what's 30 Billion tonnes worth?....(presuming SPX has that much).....Just trying to get a handle on a possible future valuation.
If we had 30 Bill tonnes it appears that the market would currently be valuing each tonne at a tenth of 1c!
If we have 3 Bill (which looks like it will be easily proved) we are valued at 1c per tonne.
Is $1 a tonne normal?....50c?
SXP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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