MTE 0.00% 3.0¢ metrocoal limited

Ann: 230% Increase in Bundi Project Area Resource, page-7

  1. 1,571 Posts.
    re: Ann: 230% Increase in Bundi Project Area ... It does beg the question at what resource size does the market say this is now big enough for one company to take the lot and pay for the infrastructure as well as it financially adds up or is going the JV route precluding us from this happening? Any thoughts?

    The delaying of the Bundi JV has probably been a good thing now that an inferred resource has been increased to 1.8bn tonnes. Lets hope that the 900m tonne inferred resource is worth at least 100mAUD to someone!!!
 
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