Cheers Lexie. I wonder if Exergen share holder Tata Power are aware of the soon to be JORC BC resource that has been " protected for future development and was classified as a strategic reserve for the benefit of Victoria.”
This from Tata's website -
"Tata Power has also invested in Australian companies Geodynamics and Exergen to build capabilities, and is on the lookout for coal reserves in Australia, South East Asia and South Africa"
&
“We have about 3 GW in operation today, close to 6GW under construction and roughly another 6 GW under development, taking us to about 15 GW by 2013-14. The gap of about 10 GW will be closed by a combination of acquisitions and brown field / green field development.’’
What did IK say recently about aspects of the JV needing to be approved by Exergen's partners? I guess then that they would be well aware of what's soon to be JORC'd.
The JV gets closer everyday!
All IMO & DYOR
B Rubes
interesting aticles, page-11
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