MTE metrocoal limited
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valuation

  1. hounddoggy
    159 Posts.
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    13/04/11
    16:47
    Post #: 8261340
    read recently that mte had a value of only 8c/tonne(market cap/tonne) on current coal resource whereas its peers had values mostly above 40c/tonne.Shows its greatly undervalued even before current drilling results are released.Price should be around $1.50 before any current drilling results are released.Comparison examples include marketcap/tonne cockatoo $0.29,bandanna energy $0.52, northern energy $0.42,nu coal res $0.48
    MTE Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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