all of which makes you wonder why MNM and the Calleja group are in talks about the Maddingley brown coal deposit - (see the recent ann from MNM which pictures MNM geologists taking samples from the Maddingley mine.) Also small point that 20 tonnes of Maddingley Brown coal is currently being bulk sample tested at the exergen facility in Tasmania - results due end January 2011.
How patient do you think the Calleja group will continue to be with the neverending promises from ESI if there is a proven technology ready to process and sell its Bacchus Marsh brown coal, and a plant being built by a consortium of mulitnationals, and Thiess and Sedgman, Australia's leading coal infrastructure players?
Exergens owners having an unlimited access to both funds and markets for the product. Google Tata Group and Itochu (both conerstone investors in Exergen) and you will get the idea. Thiess and Sedgman are the other owners or Exergen - they will be the guys building the plant sometime later this year.
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all of which makes you wonder why MNM and the Calleja group are...
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