'Any potential impact this bad press may have on JV?'
that's the billion dollar question. we know from media reports from BM that the MNM drill rigs are on site, and drilling is expected to start this week across the test holes identified, so MNM are full steam ahead.
I hope that exergen have big enough kahuna's to realise that anywhere in Aust they want to mine brown coal the greens will protest, so the BM rabble rousers will have no impact on them.
The MNM SP is straining at the leash today. A BM JV ann would see 12c+.
Can MNM and exergen really have much left to debate after 12 months of the pre-JV operations?
MNM Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held