MLM - Metallica Minerals LTD

[shasta]

Hi shasta,
I have been having so much fun with SRZ, that I sold my TPI and brought a few MLM at 33 cents and DGR at 14 cents today.I would hate to admit to how much money the TPI have cost me.
Just been lazy not selling them a long time ago.

I hope you do well especially with DGR, there's 4 or 5 spin offs coming in the next few months & DGR shareholders get priority entitlements.

I'd like DGR to unlock some further value for shareholders by retaining say a 20% stake in the spin offs, & giving half there shares as part of an in-specie distribution to DGR shareholders, that would create more interest in DGR in the lead up to future announcements.

[shasta]

I hope you do well especially with DGR, there's 4 or 5 spin offs coming in the next few months & DGR shareholders get priority entitlements.

I'd like DGR to unlock some further value for shareholders by retaining say a 20% stake in the spin offs, & giving half there shares as part of an in-specie distribution to DGR shareholders, that would create more interest in DGR in the lead up to future announcements.

MLM's 56% owned MTE

http://stocknessmonster.com/news-ite...E=ASX&N=226236

Great permits in the Surat basin next to Xstrata, with map showing Linc & Cougar Energy's UCG permits nearby.

MTE is the main driver of the MLM share price, & well funded with the $30m injection from the chinese

[shasta]

MLM's 56% owned MTE

http://stocknessmonster.com/news-ite...E=ASX&N=226236

Great permits in the Surat basin next to Xstrata, with map showing Linc & Cougar Energy's UCG permits nearby.

MTE is the main driver of the MLM share price, & well funded with the $30m injection from the chinese

MLM's 56% owned MTE (Metrocoal)

Metrocoal signs WICET Feasibility funding deed

http://stocknessmonster.com/news-ite...E=ASX&N=226574

MTE has great acreage in the Surat basin for both coal & UCG/CSG potential

Carbon Energy, Linc Energy, New Hope & Xstrata all have permits near to or adjoining MTE's, surely only a matter of time before a bigger company comes along.

[shasta]

MLM's 56% owned MTE (Metrocoal)

Metrocoal signs WICET Feasibility funding deed

http://stocknessmonster.com/news-ite...E=ASX&N=226574


MTE has great acreage in the Surat basin for both coal & UCG/CSG potential

Carbon Energy, Linc Energy, New Hope & Xstrata all have permits near to or adjoining MTE's, surely only a matter of time before a bigger company comes along.

MLM - 56% owned MTE - Drilling Commenced on Columboola Poal Project

http://stocknessmonster.com/news-ite...E=ASX&N=226999

MTE has 2 clear objectives:

1. Thermal coal from underground or open cut mining

2. UCG - to turn gas into a clean liquid fuel

[shasta]

MLM - 56% owned MTE - Drilling Commenced on Columboola Poal Project

http://stocknessmonster.com/news-ite...E=ASX&N=226999

MTE has 2 clear objectives:

1. Thermal coal from underground or open cut mining

2. UCG - to turn gas into a clean liquid fuel

MLM - 100% owned Nornico Ni-Cu-Scandium project, drilling results & update

http://stocknessmonster.com/news-ite...E=ASX&N=227175

This is there flagship project, & maybe be spun out to self fund its drilling (like DGR does)

[shasta]

MLM - 100% owned Nornico Ni-Cu-Scandium project, drilling results & update

http://stocknessmonster.com/news-ite...E=ASX&N=227175

This is there flagship project, & maybe be spun out to self fund its drilling (like DGR does)

MLM - More news on there flagship project "Nornico" (Nickel, Cobalt, Scandium)

http://stocknessmonster.com/news-ite...E=ASX&N=228298

Production anticipated in 2013, with JORC resource of 83,000T Nickel & 6,400T Cobalt + Scandium

[shasta]

MLM - More news on there flagship project "Nornico" (Nickel, Cobalt, Scandium)

http://stocknessmonster.com/news-ite...E=ASX&N=228298

Production anticipated in 2013, with JORC resource of 83,000T Nickel & 6,400T Cobalt + Scandium

MLM - MTE signs drilling contract for Surat Basin Coal project

http://stocknessmonster.com/news-ite...E=ASX&N=228867

Remember this project has a dual focus, on thermal coal & UCG

[Huang Chung]

Hi Shasta

I'll post my reply here, rather than on the HUN thread.

When your talking about the Surat basin, you're pretty much talking thermal coal. The higher margin coking coals tend to be found further north, in the Bowen Basin.

Certainly a large exploration target, 'down dip' of some well known deposits. I presume that this really means that these dipping seams are only now becoming increasingly attractive due to higher coal prices. Speaking in general terms, you are looking at mining lower priced thermal coal (relative to coking coal) in an underground operation (generally higher cost), and a fair distance from port (Gladstone).

I also presume they intend to make use of the ' Southern Missing Link' to get their coal to Gladstone. This has yet to be built. There is a small coal terminal at the Port of Brisbane (Qld Bulk Handling), which is wholly owned by New Hope. I believe New Hope allow third party access, but doubt it will be the solution Metro Coal would be looking for.

http://www.suratbasinrail.com.au/new...basin-rail.php

What's Metro Coals Mkt Cap and EV?

[shasta]

Hi Shasta

I'll post my reply here, rather than on the HUN thread.

When your talking about the Surat basin, you're pretty much talking thermal coal. The higher margin coking coals tend to be found further north, in the Bowen Basin.

Certainly a large exploration target, 'down dip' of some well known deposits. I presume that this really means that these dipping seams are only now becoming increasingly attractive due to higher coal prices. Speaking in general terms, you are looking at mining lower priced thermal coal (relative to coking coal) in an underground operation (generally higher cost), and a fair distance from port (Gladstone).

I also presume they intend to make use of the ' Southern Missing Link' to get their coal to Gladstone. This has yet to be built. There is a small coal terminal at the Port of Brisbane (Qld Bulk Handling), which is wholly owned by New Hope. I believe New Hope allow third party access, but doubt it will be the solution Metro Coal would be looking for.

http://www.suratbasinrail.com.au/new...basin-rail.php

What's Metro Coals Mkt Cap and EV?

Thanx for that HC

So the UCG might be the way forward for them, given the number of CSG companies in the area?

MTE @ 30c has a $29m market cap & EV is $15m ($15m cash @ 31/12/10)

[Huang Chung]

There are plenty of people here who know more about CSG and UCG than I do.

Sections of the farming communities west of Brisbane are agitated about the use of prime agricultural land for coal and gas production, and the possible contamination of the water table by toxins from UCG. Check out Cougar Energy if you haven't already done so.

http://www.abc.net.au/news/stories/2...28/3124052.htm

http://www.abc.net.au/news/stories/2...03/3128805.htm