MTE
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0.00% 3.0¢ metrocoal limited

1,188mt resource and growing!

  1. alphman
    487 Posts.
    lightbulb Created with Sketch. 5
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    07/07/11
    09:46
    Post #: 8640688
    Shares: 176,683,663
    Price: $0.70
    Market Cap: $123.5m
    Cash: $13m
    EV: $110.5m

    JORC Resources: 1,188mt

    EV/t: $0.093

    Based on the previous valuation of $0.12/t (923mt), MTE should now be worth $0.88 per share, all things being equal.



    MTE Price at posting: 70.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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