There is much to be gained from appreciating the magnitude of the approaching bce good lignite bad paradigm.
It must also be appreciated that LV is ostensibly pristine 5 star produce country and is the closest thing to drought proof bread basket country we have in Victoria.
There is also much to be gained from the alligned lobbying for infrastructure at multi company level.
I have been more than interested for a decade now in the transition from 98c per tonne, 60% water LV lignite ( 98c/tonne being the price it currently costs Loy Yang to ''win'' a tonne of lignite from the LV pits,,as opposed to the much higher opex capex written down cost quoted in the media of around 5 bux a tonne), and the future of ALL potential benefication techs that are competing for a slice of this huge pie.
So long as LV lignite, which has low overburden and all infrastructure in place, it will be the place to focus these potential synergies/economies of scale, and transport infrastructure upon.
Govts listen to the strength in numbers lobby approach.
Once the Govt has been convinced that there is a real need for roads, ports, rail heads from a multi lateral approach,,, things tent to get rolling.
No 'one horse' Paul Revere approach will get the political ball rolling. It will be team work from all stake holders united that will give benefication and all related syn techs credence in Valley via the upper house.
Only once the pie has been baked and cooled, can it be sliced up. Until that time, cooperation at CEO levels of all viable tech / resource benefication enterprises will continue, and single story love affairs in a one true god of bce benefication are counterproductive. It is a big pie. There will be many viable applications value adding and emmisions subtracting for lignite this decade and beyond. I am yet to understand how BM leonardite and lignite can be made viable when overburden costs about a dollar per tonne to remove opex only ( capex excluded ) and with LV competition so far advanced,,, so many thousands of time greater in deposit magnitude,,, and so cheap to produce. Please,,appreciate, that I am keen on MNM from a temement diverse perspective. It has a very fine future, but as yet, I am unable to see what will be spun off, through the spinning top of non company instigated info that abounds on these threads. I still hold and consider mnm a long term buy/ trade into the volume sort of a story with meat on the bones.
Cheers and kind regards RD
MNM Price at posting:
11.9¢ Sentiment: LT Buy Disclosure: Held
