The way to value an up an coming coal stock is hard, just look at CEO, ran up hard on 2 outstanding drill holes then kept running until a trading halt came. Market cap before trading halt at 17c was aprox $81m. The news that came out wasn't what the market expected and came off.
I believe TVN will keep running until a major news announcment comes out. The markets reaction after that will obviously depend on the announcment. Current market cap at 7.1c only $41m
DYOR
TVN Price at posting:
7.1¢ Sentiment: None Disclosure: Held