As MTE's stone throwing distance open-cut high quality thermal...

As MTE's stone throwing distance open-cut high quality thermal coal neighbour Syntech Resources P/L's tenement size is about a 33th of EPC1165 (MTE's tenement).

Syntech said they had about 1.7 billion high quality thermal coal resource at their tenement Cameby Downs.

In theory EPC1165's possible high quality thermal coal resource could 56.1 billion tonnes.

As expected, coming weeks thermal coal price could hit $150 per ton.

Therefore, MTE's EPC1165's possible in-sutu value could fetch $8,415 billion dollars.

At present, issued shares are 176,683,663.
Therefore, potential per share value could fetch
$47,627 dollars for EPC1165 tenemant only.

But at present current SP is only 28.5 cents.

Even this calculation is for entertainnment purpose only,
distence is like at least thousand light years away each other.



Regards,