AUL austar gold limited

reasons why, page-8

  1. 4,289 Posts.
    http://www.mantlemining.com/files/announcements/856707.pdf

    While we are talking future value of Mantle's projects, this 2010 announcement is worth revisiting IMO.

    Keep in mind the push on from the Vic Gov to commercially prove up all sorts of different tech's to increase the value of brown coal.

    Realistically, what will the Bacchus Marsh resource be worth, when these value adding tech's are taken into account, as an assett to the state of Vic.

    We all know about the export potential from BM due to existing infrastructure to port etc..

    There is a lot of hype about the potential of coal to gas in the LV. What about BM for some of these value adding tech's?

    Ok, so Mantle's BM project has rail running right though the tenement, but what about the gas pipeline? Doesn't get a mention much anymore but I am sure that will change once it becomes more of a focus due to projects in the LV.

    Have a good read of the above linked announcemnet and a good look at the maps. BM is a potential goldmine for more than just BCE export IMO.

    From memory the neighbouring tenement running down over much of the Parwan sub-basin is up for renewal soon too, so could that be on our list of future acquisitions?

    Time will tell I guess.

    Of course BM is just one feather in Mantle's cap.

    cheers
    B Rubes
 
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