market cap vs coal resource, page-9

  1. 1,858 Posts.
    from memory one company was aston which has 600 mill tonnes and 1.2 bill market cap..mixture of thermal, soft coking coal

    also look at Bathhurst resources, coking coal with reserves of 47 million tonnes, market cap is 98 million. Even if coking coal worth double?? we should be hitting 2 bucks quicker than $1????

    And with vista south on it's way..well need I say more

    What am I missing??

    DANASH..your input please

    cheers
 
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