MTE 0.00% 3.0¢ metrocoal limited

Ann: Bundi - Juandah Projects Resource Announceme, page-5

  1. 19,547 Posts.
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    re: Ann: Bundi - Juandah Projects Resource An... "I am just trying to interpret the underlying message in the announcement. I'm thinking that the project(s) may be more attractive to a potential JV partner by including Juandah as an "underground mining" resource rather than a UCG resource?"

    I think you may be right! Underlying message is that Metro prefers underground.

    However the JV participant may determine "The final decision as to whether the resource is exploited via underground mining or UCG will be determined in the future"
 
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