a perfect storm?, page-47

"May be they know. But will the hype be about Exergen or MNM at the end ?"

Well it should be about both as the first commercial project proposed is one that they both own 50% in.

"Where can I get some Exergen shares ?"

I don't know, but if you do find out please let us know as I would like some too.

"At the moment this MNM company is a potential feedstock provider for a demonstration plant. Any idea for how many $ per tonne they will provide low rank feedstock ?"

That is not how a JV works. Perhaps WEC should have gone into a similar arrangement with owner of the Indo mine and they would not have been bent over a barrel.

That brings up another point:

According to the CSIROs figures MRC/CWS from lignite costs around $2-3/GJ (incl coal)to produce and ~$4-6/GJ (incl coal) for black coal/UCC.

From my research it appears that coal slurry becomes very competitive under the $4GJ price point, which is probably why you have the opinion you do about UCC and why Yancoal is meeting with Exergen.

http://aie.org.au/AIE/Documents/CD_Contents_Conference_Proceedings/ACSC_2013/ACSC2013%20Ballroom%202/DAY%202/Session%206/5.5.pdf