MTE 0.00% 3.0¢ metrocoal limited

Ann: Columboola JV Increases Resource to 1.297 Bi, page-10

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    re: Ann: Columboola JV Increases Resource to ... A couple of other points to mull over before coming to any conclusions.

    MLM have maintained their shareholding in MTE, dispite having their own projects to progress. Three directors are common between both boards.

    DADI recently took a 15.3% stake in MTE. They are an industry player, so were presumably be quite comfortable with this major project's technical attributes before stumping up the cash.

    Disc: Holding MLM.
 
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Currently unlisted public company.

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