Ann: Exergen Seeks ASX Listing Via Merger With Ca, page-73

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  1. 2,403 Posts.
    re: Ann: MNM: Exergen Seeks ASX Listing Via M... I think both Exergen and Mantle will know well before 2018 whether BM is viable or not.

    There'll be more drilling this year to increase the JORC from Inferred to at least Indicated.

    There'll be the PFS to be conducted in 2014.

    Probably more drilling in 2014 to get to Measured.

    There'll be the test work to be done at the PCDP in 2015 to confirm the viability of the CHTD process, along with the BFS in 2015.

    There'll be mining licence applications in there as well.

    That's because commercial construction is due to start at BM in 2016, it's commerical operations that are scheduled to begin in 2018.

    So yeah, both Exergen and Mantle should know well before 2018 if BM is a goer.
 
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