MTE metrocoal limited
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asf,It just means that BND is trading at 56 cents per tonne of...

  1. Valin
    6,072 Posts.
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    01/08/11
    18:52
    Post #: 8757107
    asf,

    It just means that BND is trading at 56 cents per tonne of coal (JORC) based on it having identified 1.534bt of coal on its tenements (in it's own right).

    Market cap/tonne of coal

    $854,350,964/1.534bt = 56 cents

    :)
    Nic
    MTE Price at posting: 95.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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