"The Victorian Government is close to deciding if it will grant access to 13 billion tonnes of unallocated brown coal reserves to a company hoping to start exports to India."
Well it looks like they have applied for the 13 billion tonnes of unallocated brown coal. If that is the case, then the resource has the potential when combined with the Exergen technology to produce around 8 billion tonnes of black coal substitute, with an on ship net value of around $800 billion.
MNM Price at posting:
20.8¢ Sentiment: Buy Disclosure: Held