I was just re-reading the recent Prospectus for the recent SPP. Just checking to see if I missed any clues. I like some of the points below regarding our CSG project/Mt Mulligan.
"There would be a material adverse impact on development of the Mt Mulligan coal and gas project if additional deposits are not defined outside the current buffer zone and if access inside the buffer zone remains constrained."
We all know there is a buffer zone and we are going to be looking outside the zone initially. I like the words "if access inside the buffer zone remains constrained."
Seems that IK has a plan B and intends to try get authorization to drill within the buffer zone if necessary?? Well that's how I read it. I don't think IK would have said this if he was certain that the buffer zone was off limits full stop....
Anyways, I know we are all focussed on ALDP, Exergen, S7 but I have a sneaky feeling Mt Mulligan will also progress this year. :0) Just because the updates have been scarce doesn't mean that IK is not ticking boxes.
MNM Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
