re: Ann: Positive Results for Bundi Project S...
2016 - only if Xstrata decide they are going to build a railway and the ports get built!! That is now the problem with any surat basin miner that no-one believes that the infratstructure will ever be built.
IF xstrata give wandoan the thumbs up for capex expansion then we will see mte jump up significantly. However the current price is in my opinion factoring in mothballed project for Wandoan. Hope i am wrong as i have lost alot of money on mte and would like to be able to recover some!!
MTE Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held