what a valuation

NHC sold its 690mt JORC coking coal deposit for $2.4b! It is about $3.5/t.

Well, in the same region, RCI has got 60% of 183mt for its Rockland project (EPC 890)

If using a discounted $2/t valuation, It could get $200m+, and RCI should be valued at 100c, not 17c or 19c!

Man, I cannot figure it out why RCI is still a $40m- company!

If you don't like the China Coke business, give it a 0 valuation although it generate $1m profit each and every month!

People, I cannot understand the valuation!