only a matter of time mte is a gift , page-8

PJ,

I think you are wrong with catalyst. The catalyst if any will be 3TL, not only for MTE's own aspirations but for any serious T/O suitors and/or JV partners. We already know that MTE holds nearly 4 billion tones of JORC inferred coal.

Therefore we have a rail solution as it is known that SBR is going ahead. MTE needs a port solution in 3TL. If this happens, MTE will be the only coal exploration company on the ASX that will have a solution for all of it's projects that it has submitted EIS's.

If 3TL doesn't happen then Yancoal will have no interest in Metrocoal. LOL.