Spoke to Metro Coal the other day they said they would be hopeful of increasing the resource size by 50% in the future but it is not a priority right now but i did get a sense they were very confident in the projects and spoke well of their Chinese investor and the en treas this has given into China.They are very keen to get the share price back to at least $1.00 None of the above may be of any specific help to fellow investors but the conversation gave me great confidence to add to my position.
when you compare the Capitalization of Metro to say BND we are very very cheap at 1 to 2c per tonne
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