50 metre thick coal , page-28

Mantle is at a crossroads and the market will not be offering any further generous valuations with zero to back it up.Quite simply they either sign the JV with Exergen and demonstrate the project is a goer and the sp will factor in the possible upside and everyone will be very happy or alternatively they have nothing and Exergen are taking a different direction and the sp is screwed, big time.Todays announce was just fluff and brought out early with a pump to try and stimulate some interest so they can get there money.This is all well and good if everything is on track and they have more to come otherwise back to a lower low and everyone left floundering panning for gold.