To anyone working in an energy / natural resources group...
How does one value a coal mine? The only method I can think of are, where (agg value / tons of annual production) and (agg val / tons of proven reserves) can be applied as multiples.
What are the other considerations in valuing a coal asset? How does particulate (ash, sodium, etc.) matter come into play? What types of basic info do you need to run a(e.g. volume coal sold, pricing, overhead costs, etc.... how do those fit into deriving capex and working capital assumptions)?
Any input would be greatly appreciated.