Ann: Exergen Seeks ASX Listing Via Merger With Ca, page-76

re: Ann: MNM: Exergen Seeks ASX Listing Via M... "Fakeshaft

Exergen is all about LV. MNM has no relationship with Exergen at LV. "

SPS, Maybe you should stick to ESI because you know very little about Exergen.

NOTICE IT SAYS LV AND OTHER,,,,,Bacchus Marsh is priority which is why its been drilled already. Kinda makes some sence to start drilling the Priority project is it not? If we had drilled LV and NOT BM you might have a point but that is not the case. Some of us prefer to read announcements than believe your stories....

LV will be progressed also but this is not the key project right now...Location location,,,esi may be able to truck their 2000MT per annum but MNM/Exergen wont be able to truck 20 MTPA.

Don't forget that MNM has been accumulating LV coal for years, we saw the boat before anyone else so you can say we missed the boat. How much land does ESI have in the LV and why is a Tech company interested in coal anyway,,,

Per Exergen website:


"Bacchus Marsh

Exergen has established a joint venture with WA-based exploration company Mantle Mining Corporation Limited (ASX: MNM) to develop the historic Bacchus Marsh coal deposit in country Victoria. The JV has been awarded an Exploration Licence (EL 5294) and following a recent 15-hole drilling program the partners are expected to announce a JORC Compliant Resource in July.August of 2012. Exergen's goal is to develop a long-term mine plan and CHTD processing facility which will underpin an export-based coal operation with established rail and port infrastructure."


"Latrobe Valley/Other

As Exergen continues to develop our technology we also seek partners to deploy our process. We are working to secure more assets to underpin our development and to support the expenditure required to refine the technology.

The Victorian Government has announced that it will call for expressions of interest in the allocation of a resource in the Latrobe Valley. Exergen will participate in this process. The Latrobe Valley holds one of the world's biggest reserves of coal and currently 92% of electricity generated in Victoria comes from coal.

The state hosts one of the largest coal resources in the world, with 430 billion tonnes, of which 33 billion has been identified as potentially economic and 13 billion tonnes is currently unallocated and accessible. No coal is currently exported from Victoria. The Victorian Government periodically carries out allocations of coal in the Latrobe Valley to parties it believes are best placed to develop the resource for the benefit of Victorians.

This strategic resource in the Latrobe Valley has been exempted from the normal application process for exploration and mining licences, and is instead allocated by the State Government through tender processes. This process is designed to deliver orderly development of a key resource in a manner that is of greatest benefit to all stakeholders.

Exergen CHTD technology will help to improve the grade of lower grade Victorian coals to make foreign exports viable to markets such as China, India and Japan."