AUL austar gold limited

pilot plant trial a success!!!, page-48

  1. 3,072 Posts.
    'Imagine if Exergen takes it over LOL!'

    I raised that as a possibility last year. A backdoor asx listing of exergen through MNM is a genuine possibility. Ian Kraemer was parachuted from the heart of the exergen project into the CEO's chair at MNM. This didn't just happen. He would be the obvious CEO of 'exergen coal'. A cynic would say this has been the plan all along.

    an asx listing of exergen as a merged entity with MNM's coal assets would also unlock the significant investment that Tata, Itochu, Sedgman and Thiess have put into exergen over the last 6 years.

    the exergen CHTD tehnology has now been confirmed as a success at commercial levels. exergen will have in mind rolling out this technology globally over the next few years - the market potential for successful brown coal commercialisation is enormous.

    I would be more than happy to have some shares in that business. This kind of corporate activity could triple the current MNM SP.
 
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