MTE
Click for more information
0.00% 3.0¢ metrocoal limited

Lets not get out of hand here... the simple fact is that they...

  1. alphman
    487 Posts.
    lightbulb Created with Sketch. 5
    clock Created with Sketch.
    05/07/11
    15:05
    Post #: 8631696
    Lets not get out of hand here... the simple fact is that they are looking to JV on 767mt out of the total 923mt that have been delineated so far.

    767mt @ $0.20/t = $1.5b

    Half that for a 50:50 JV and you get your rough $600-700m.

    Also, $0.20/t is considered quite conservative when you compare to recent acquisitions.
    MTE Price at posting: 71.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Banking on interest rate cuts for growth
right-arrow Created with Sketch.
NEWS iseek acquisition to boost HMC Capital's plans for DigiCo platform
right-arrow Created with Sketch.
GDM Great Divide Mining up +8% on deal with Adelong Gold to restart "historic" Adelong mine
right-arrow Created with Sketch.
3DA To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels
right-arrow Created with Sketch.
NEWS How emotions impact investing: Fear, greed, & money psychology
right-arrow Created with Sketch.
NEWS Bitcoin hits all-time high AGAIN! Join the discussion here
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MTE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.