no threat?
this from the 11/1/11 MNM ann:
'ASX Release 11 January 2011
Bacchus Marsh Bulk Sample Update.
Mantle Mining Corporation Limited (ASX: MNM) the Company, is pleased to provide the following update on testing of a bulk sample of Bacchus Marsh brown coal at Exergen?s Pilot Plant in Tasmania.
Highlights:
The Company progressed very positive discussions with Calleja Industries, the owner/operators of the Maddingly open cut coal mine at Bacchus Marsh:
Potential development of the Bacchus Marsh brown coal deposit,
Site visits to inspect the coal mine and the standing coal high walls,
Bulk coal samples for various laboratory testing and pilot plant trials.
Following some minor delays due to end of year holiday slowdowns, the 20t bulk sample has been delivered to Exergen?s 4tph pilot plant in Beaconsfield, Tasmania:
Laboratory tests are underway from both the high wall and the bulk sample,
Analytical results will allow for process settings to be made at the pilot plant,
Expect the pilot plant trials to complete end of January / start of February. '
The Calleja's are very clever businessmen. If Exergen/MNM deliver a means to turn their mountain of brown coal into cash at a plant to be built next door to their mine what do you think they will do?
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