Im hearing alot about this "binding agreement" etc..etc...etc...but what does it actually mean in this case? The JV announcement states...
Should these timeframes not be met then Mantle has certain buyback rights on the project tenement
"certain buyback rights....awesome so once exergen get a better offer and with Government giving away billions of tonnes mantle can buy BM back again?
Hardly anything to get excited about..
and today
Any future development of the tenement will be subject to a stringent approvals process, including strict environmental compliance obligations and comprehensive community engagement.
and
The JVA and TLD provide a framework for the potential future development of the exploration tenement which is located at the north-western end of the coal-rich Parwan Sub-Basin
Hardly convincing
ESI Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
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