PJ70 are u ramping on falsehoods?
Your assumptions are based on MTE being taken over. My discussions with MLM/MTE are that this scenario is not in the game thinking at this stage. JV partnerships and keystone investors yes, but...taken out completely...not yet and not in their favour.
Yes there are mergers and acquisitions happening all over at the moment, but MLM are in the process of building a consortium of companies, and are not about to lose MTE at the moment.
I do see this as a solid investment, but I am investing for strong, resilient company growth in the coal industry and not on the basis of a quick takeover which may or may not happen in the near future. Long term..I accept it may eventuate, but short term, would like to see MTE grow with solid partnerships and financial injection on an asset basis.
only my view
amok
one for you to think about!, page-3
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