re: Ann: MNM: Exergen Seeks ASX Listing Via M... SP3, do you know that there already exists a brown coal mine at Maddingley? I would assume that they already have a mining licence?
Calix have recently begun operating their calcination plant at Maddingley. They are also trialling brown coal drying and amongst other activities.
Apart from stating their are many hurdles to overcome can you be a little more specific?
Exergen is going to list on the asx with a prospectus stating they intend to mine Bacchus Marsh by 2018. Do you think they and their backers who are mine managers and developers have got it all wrong?
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