valuation, page-14

Once again, this proves to me that there is more to this.

imo putting one and one together to make three,

1. 80mil shares held by MLM is escrowed unitl the end of the year.
2. BOA has been a steady buyer of the stock and last reported holding 20.1mil shares.
3. I suspect but can't prove that there has been an emergence of a nominee account holding 9% to 10%. Concidence but there is no notice of such a holding, why is it hidden within a nominee account?
4. Total shares on issue, including the escrowed shares is 178.7mil (so the top 3 hold at least 65%).
5. MTE vision is Exploration Target of 2.5 ?3.5 billion tonnes by end 2011.

If you wanted to takeover a coal company with those sorts of targets in mind whilst the market isn't watching, then points 1,2 & 3 may suggest an easy road for a possible suitor has already been laid.