re: Ann: MNM: Exergen Seeks ASX Listing Via M... Totally agree with Marcmarcoz ; this is all about LV, not BM IMO; the Exergen / MNM is dependent of a scoping study of which the preliminary estimate didn't get to many hats thrown in the air and hip hip hoorays.....couldn't imagine a company like Exergen leaving themselves with a $50m exposure if the study didn't hit figures considered adequate by all. Poor study, $50m will be plucked IMO
Tobyjack posted a good link over on an other site which will give you a good idea of the state of play over in BM.
Here's another link
http://www.meltonweekly.com.au/story/412912/bacchus-marsh-coal-mine-one-scope-two-views/
"Exergen chief executive Trevor Bourne said the company planned to complete a feasibility study by the end of 2015. "
"If it delivers positive results, and subject to success at a Latrobe Valley 'pre-commercial demonstration facility', production could start in Bacchus Marsh in 2018."
2018???
So I'm not sure why some think its all about BM...when the LV ball has started to roll already....its LV full stop and I think this has been a great result for CAG. Its going to be big business for any tech successfull in the ALDP. IMO , both Exergen and ESI will be successful and I'd be happy buying stock in either considering what seems to be on the horizon ...but all this crap about BM is just that, 'crap' IMO...if Exergen get up and running and allocation in LV , which I'm sure they will , we'll then there's 13 billion tonnes of low ash / sulphur coal to help ship...why the hell would they want to jump into high sulphur, deep overburden, low coal to overburden ratio, with greens icing to top the biscult??
Sounds more like some of the BM dwellers are just trying to convince others that the madness in their minds is all real...
Roll the carnival music!!!
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