Ann: MetroCoal Continues to Reduce Costs , page-3

I do not know much about the company MTE (very long time ago just I hold it for some period of time), but it was almost dead company.

Because it was not promising only thermal coal company and recent failed merger with CBX.

By acquiring CBX, now it can transform into very promising potential bauxite producing company. It looks like almost done deal by acquiring strategic 46% plus its friendly MLM holding.

Regardless of successful or not of resubmission of the Cape York project, it is now situation like that, I would say,
from 'dead cat bouncing' to 'dead cat revived'.

Regards,