jv signed!! , page-41

Kranky, how do you arrive at 500MT of coal at BM for MNM? Should this not be 50% of 2B MT i.e. 1B MT?

Also MNM will still need to pay 50% of all mining costs, rail freight costs as well as any upgrade of the rail line to Geelong and any port upgrades. Exergen are only suppling the CHDT plant as I understand it.

Even so with double the coal reserve, your estimated market value should increase.