a perfect storm?

Can't help but wonder if a perfect storm is brewing for Mantle Mining.

If you backtrack nearly a decade, when oil and coal prices start surging and countries like Japan and China and India start pouring money and manhours of research into ways to get cheaper ( and cleaner ) liquid transport fuels and power station fuels as well as chemicals and fertilizers that had oil and gas as a feedstock. Western countries having GHG emmissions legislation starting to work it's way through their parliaments start thinking about funding University research to drive cleaner techs. Companies like Yancoal, Jcoal, Shenhua, General Electric, Shanghai Electric, Coal Plus, Tata amongst a host of other big co's with techs to match are now at early commercialisation phase.

Meanwhile, Exergen go through the stages of lab and pilot plant development of their CHTD brown coal tech and find no support or access to LV brown coal from the Victorian Labor led government. In parachutes IK to the ceo chair of a minnow explorer and starts to peg the best brown coal ground available in the LV and Bacchus Marsh, subsequently signing a jv for the 1.6 billion tonnes of brown coal jorced at BM. With mentions of deals to come in the LV in the coming weeks ( not months).

New Victorian Liberal governemnt hatch the plan to develop a new export industry for the world class LV brown coal driven by the myriad of promising and proven commercial brown coal techs mushrooming around the world and in Victoria's backyard, not least of which is DICE power generation fuelled by a slurry of hydrothermally treated brown coal and masterminded by a CSIRO led research team.

In the lifetime of the ALDP the economic climate in Australia and Victoria deterioates, with mass job losses looming in the Victorian manufacturing sector in particular, and a lull in capital investment nationally with the end of the mining boom.

Talk of several companies prepared to invest in the brown coal sector at around a billion dollars each ( Exergen/Mantle being just one) the German company MAN Turbo and Diesel taking a leading role in the development of DICE power generation technology coupled with the Federal Liberal party ambition to replace the Carbon Tax with their own cashed up Emissions Reduction Fund leaves little to the imagination. Take the words of the architect of the Emissions Reduction Fund who stated that DICE could drive a 50% reduction in emissions in the LV.

Mentions of ALDP winners announced in March, the Prime Minister to announce job creation plans for Victoria in a week ot two, our own IK in private email mentions a finalisation of a deal for our LV brown coal in weeks. Take the recent announcement from Exergen that they are pursuing with their commercialisation plans for the CHTD tech as another case in point.

The techs, the companies, the governemts and the economic situation has all come to create a perfect storm for followers of brown coal stocks.

Sit back, wait and watch it all unfold.

GLTA

And DYOR

Josimar