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
sapex limited
Is there a "rule-of thumb" going rate for a Coal...
Add to My Watchlist
What is My Watchlist?