Seems some buying strength in the stock atm. Easy to dis the stock when you get hit by 80% +++ paper loss but management picked up so far 46% of cbx for 0.006c and are in profit on that deal even though its thinly traded. Maybe raspberry has a point time to buy even though there is still the sour taste in shareholders mouths. Who knows maybe the directors are shrewd buyers and that was the bottom.
I read BHP keen on setting up underground thermal coal mine in NSW maybe someone should point them to MTE and build a rail link for some skin in their deposit. There is a date of 2021 which BHP are looking at selling the thermal coal to Asia. Only 6-7 years away not that long. Has to be some good news in that for the future of coal.
MTE Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held
