xiexin group visits bundi , page-12

Marine,

I don't believe DADI will ever sell. A possible takeover may be be much closer to Dadi's home.

They might not be coal miners but they are heavily involved in the development of coal mines in China. In fact they are heavily involved in some of the biggest coal mines in China. In my opinion they are in it for the very long term to help their friends Xiexin Group, Sinocoal and possibly Yancoal to get thermal coal security for their country.

The Chinese are circling Metrocoal if you haven't noticed. DADI 19.6% holding in MTE, Sinocoal 51% holding in Columboola, Yancoal next door at Cameby Downs and now we have Xiexin that look to be very interested in "co-operation" with Metrocoal (LOL).

I know I sound like a broken record player but if and when 3TL looks feasible and gets necessary approvals I think we will get an offer from anyone of the 3 mentioned above.

Just me dreaming again.