esi here we go here we go here we go ........., page-15

The below again highlights how far behind MNM are of ESI. I have nothing against MNM...there is plenty of room for both...but who has existing coal and who doesnt?

Who is conducting large scale test burns rather than bulk samples?

If MNM's LV hope is 3-5 years at best until drilling starts (if ever)...forget LV....and likley BM is similar. How brilliant it was for ESI to secure coal from one of the largest/highest quality brown coal mines in the world with a large p/station hooked on.

All the ingredients are there for an "imminent" ESI sentiment change....only Tincom will do that.
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Mr Kraemer says any mining in the area is still years off.

"Certainly in areas where there are very good rural industries. There are going to be extremely strict environmental impact and social impact compliance requirements.

And it's quite a long period of time before anyone would actually even put a drill hole in on ground. And you need to come to an agreement with landholders about that. That's just for the exploration phase, which would probably take three to five years."
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http://www.abc.net.au/local/audio/2011/03/04/3155318.htm?site=gippsland