valuation $1.12 ? That must be to provoke plenty of sales up at that mark to scoop up as many as possible. Total resources for MTE trading @ 2c per/t , so at $1.12 the co. will be trading at about 5c per/t, yet coal companies trade around 50, 75 and upwards per tonne - according to analysts such as patersons.
more coal than you can poke a drill at, page-3
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