MTE metrocoal limited
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surat basin rail is going to happen

  1. Valin
    6,072 Posts.
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    12/10/11
    19:28
    Post #: 9132586
    Hey guys,

    Pivotal to Surat Basin coal explorers/producers it looks like the Surat Basin Rail might not be going ahead. LOL LOL. They have just published on their website to "Register interest"

    Register Interest

    In answer to your question Bannerchek, I am led to believe that it will be made official early next year. Not sure what it would mean if Xstrata were not able to develop their coal mine in Wandoan.

    :)
    Nic
    MTE Price at posting: 64.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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