What doubt?Exergen and MNM have a legally binding JV to develop...

What doubt?

Exergen and MNM have a legally binding JV to develop the BM BCE upgrade and export project.

Exergen have (and will) promote BM as their first export revenue generating project. Trying to build similar infrastructure that exists in BM to Geelong from LV to Hastings is many years and years away.

MNM have handed over project management (and costs thereof) of the BM project in it's entirety to Exergen and are basically free carried until the green "GO" button is pushed (apart from further shared drilling costs as required).

Thiess and Sedgman have provided a $1.4 billion NPV scoping study for the BM project and, should the project get the go ahead, will no doubt be called upon to progress the project as per their recommendations.

The area in question has been "sterilised" by State Government for "extraction" purposes ie. mining - which has again been recently confirmed by the Municipal Council in a future planning of BM report.

CHTD technology has been pilot tested and proven (with BM BC) with Exergen and it's backers sinking some $45 million R&D to date developing the tech.

Etc...etc...etc...

...never been in doubt for mine.

Cheers K