IMO the sp has languished over the recent year in part due to the ALDP program and the S7 allocations.
Exergen, or rather Tata, would have wanted to move a lot quicker on the bc export plan and chtd demo (and DICE demo) but they needed confirmation that the govt of the day was committed to a BC Pilbara. Wrt infrastructure development and S7 allocations.
Exergen and Tata could have pushed ahead with this 2 or more years prior and they have just had to wait for a supportive state government and for S7 allocations and start up funding, i.e. ALDP, to be arranged.
The BM drill program took forever and a day to complete and IMO they were in no hurry as they knew the Vic govts tortuous timetable for its BC Pilbara development had to be adhered to.
Mantle's sp has been in limbo just waiting for the Vic govt BC Pilbara timetable to catch up.
MNM Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
