what is going on, page-52

maoriori, I like your post. Sounds like this news has given you a boost in confidence! Thanks for sharing it.

If this project doesn't get off the ground it won't be due to the stars not aligning, that's for sure. So many peices have "fallen"(or been meticuluosly planned)into place.

The Vic Gov is desperate for a resource to export to bring in much needed revenue and jobs

Exergen have either formed good relationships with the people who count both in Gov and Industry, or just gone out and employed them.

The Vic and Federal Gov have decided to spend around $4bill upgrading the rail link between BM and Geelong or thereabouts and it seems to be to the specs required to take the appropriate carriages for BM.(Exergen co-owner Theiss doing the upgrade work)

Gov funding(around $150mill) looking likely to become available due to another Co failing to meet deadlines for progress

VIC DPI working hand in hand with Mantle to drill and test the coal while also stating clearly that they hope to have somebody exporting dried brown coal from Vic in the near future.

Landholders signing agreements to allow the drilling to take place.

Mantle directors all supporting the Co and buying up in the CR and also buying and holding shares at the highs of the year.

The Vic Gov working hard to establish a strong tie with India and even going so far as to open a permanent office in India for the purpose of attracting investment and trade with India(which is where BM's coal is to be sent via offtake agreement with Tata)

And holders, that's just the BM project. Early next year we have the Calcifer debacle coming to a head which on it's own could cause a re-rate of Mantle's market cap.

Plenty to look forward to so best wishes all and have a safe and merry christmas.

B Rubes