2 weeks to coal tech 2013, page-43

I find it strange how some companies in the BCE sector have no cash and no way of raising enough cash to actually prove their tech on a commercial level but the shareholders seem unphased? I suppose they "could" raise cash but at what dilution/cost?

MNM on the other had was fortunate to locate a resource BM which another company wanted (Exergen), management was able to negotiate a deal where MNM is FREE CARRIED on a 50-70 million dollar demo plant and the market still does not believe its true.

How hard would it be to raise 25 million in this market?
How much is it costing Exergen to progress this project?
I wonder if their board and backers have any expertise in this field?
I wonder if tata really wants all that coal? seems like all the articles I read seems to suggest that tata is working to secure their coal for generations to come.
I suppose for the Exergen backers to pay 10 million for a 5% steak in Exergen, they must like their chances..
What will MNM be worth if the demo plant is built as proves commercial?

MNM has 50% and all we need to do is sit back and value add our other assets, hopefully get some sort of JV for our LV tenements, progress mt m and our other smaller assets?

I think we in great shape but it will all be revieled in 2013 I suppose...

have a good weekend holders.