Well if it's coal they are after that's a different risk attribute to add into the mix. A new source of money making but also money spending on equipment. Don't particularly want a CEY situation - five years straight up then whoops on the longwall transition. Or to mix my comparisons, don't want a BXP Bopo/POD division bleeding out the cash cow Biller transactions.
Mitsu have coal investments and might have optioned something for MMX if they dropped in the cash. Another dual management over such an operation would sooth concern.
All idle speculation for a boring Saturday. Maybe they'll dig for uranium instead! Joking.
MMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
