sorry leutrec last one was on wrong thread,in a hurry to get back to work
a) MNM has a product that is taking on a type of coal that noone else is utilising - and i ask, does this tell us that Exergens process is limited in anmy way? If not, then so be it, but i have not recieved a response and so i assume that noone knows.?
Incorrect, the freely available data on the quality of coal in the deposit combined with the data of what the Exergen technology can achieve shows that the coal would fit within the requirements for a black coal export product. The Anglesea mine run by Alcoa has much higher sulphur content at around 3%db compared to around 1.8%db at BM with Exergen reducing this by 40% to get below 1%.
?b) I have also stated that it takes many years for a coal mine to be developed, which is something i hope investors might factor into the scheme of things when discussing how fast the companmy can take off in the BCE industry. This is a limiting factor that is not discussed but rather the speaker (me) is discussed as having some alterior motive. Stick to the facts about the company please - not me.?
There is an existing mine on the tenement and brown coal is among the cheapest and easiest commodity to mine. Based on the rough timelines of the two projects I would project that Mantle would be earning export revenue before ESI due to the infrastructure limitations at LV.
?c) I am yet to see any assurance via a cut and paste from any announcement that MNM have access/rights to coal for their Exergen venture. I therefore have nothing more to learn about it, despite having looked for it in announcements.?
Have a look at the announcement ?Bacchus Marsh Tenement Granted?. It clearly states that Mantle has access/rights to define the resource for their Exergen venture.
?f) I did have legitimate suspicians about why MNM haven't released their test burn results on time, considering that perhaps they need to test burn from more than one section of their supply bed. ?
It is peculiar that you talk of your dislike of innuendo, when your comment could be construed as such.
Mantle could not release data claiming that this is their product when it is not, it is from the small open pit mine at the centre of the deposit, owned by a third party which no doubt Mantle is in discussions with about its use in the project.
The test was to prove the drying capability of the technology, which was a resounding success. It proved both that it had reduced moisture by largest amount of any process currently available and had done it without the use of a power-station's waste heat or large amounts of energy.
?It takes about 4yrs to get a coal mine approved.?
Incorrect, it takes as long as the bureaucratic process takes; this depends on a range of factors.
?BM has the most unique Sulphur content of all the vic mines,?
Incorrect, the Anglesea mine run by Alcoa has much higher sulphur content at around 6%db compared to around 1.8%db at BM with Exergen reducing this by 40% to get below 1%.
?which perhaps signals that MNM have a broader spectrum of mines to utilise?
Correct, the Exergen technology can reduce impurities whereas Coldry cannot. Therefore it is Coldry which has the limitations. It also has limitations in that it needs to be attached to a power station; this therefore sets limitations on throughput.
Your knowledge of this company and the industry appears to be lacking, might I suggest that you do a bit more research before posting about something that you clearly have not done your homework on. I think this might be the reason why some holders are getting annoyed with posters like yourself.
MNM Price at posting:
14.3¢ Sentiment: Buy Disclosure: Held
