The 1.2 billion tonnes up for sale represents only one third of MTE's expected 3.5 billion minimum exploration target by the end of 2011.
One third equates to $600-$700 million.
Their market cap at 60c is only $105 million!
A $600 million mc equates to a current share price of $5.70!
$700 million mc equates to $6.65!
What about the remaining 2.3 billion tonne potential?
race on for metro xxx, page-14
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