i agree with hardman. BM in the ground with a proven tech is worth 10c per ton i.e. at least $200m to MNM. We can go with Exergen and enjoy the world wide usage of their tech if its josher and good. We would stand to benefit from a worldwide franchise of a technology in value adding to brown coal. If the Exergen tech is second rate to the German technology at least we will be valued at least $200m for BM and the rest is a bonus. Management has to be honest and go for value.
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