MTE
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0.00% 3.0¢ metrocoal limited

They have announced what they have needed too this year. The...

  1. PJ70
    1,571 Posts.
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    04/07/11
    19:30
    Post #: 8627416
    They have announced what they have needed too this year. The 2.5bn-3.5bn claim is what they need to get to by December 31st for credibility sake.

    What i did find interesting was that MML did an investor video on there website within the past fortnight and only mentioned Metrocoal with no detail on it! Would have thought it was a good chance to plug it instead they focused on there nickel/rare earth project!

    I would still like to understand why the low ball valuation on MTE compared to others in the sector. Is it because of the surat basin and lack of infrastructure? Any thoughts anyone?
    MTE Price at posting: 58.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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