Tomorrow June 26th should see Mantle announce that Exergen have lodged their prospectus for the CAG merger to Exergen Limited.
Mantle announced the proposed merger so I imagine they will ann' the prospectus although looking at the CR ann' just out, we may be back on to rations when it comes to shareholder updates?
June 2013 Latrobe City Council - Securing Our Future 2013
A New Resource: Leveraging innovation and jobs from the brown coal asset.
Exergen exergen.com.au A $2 billion project to utilise continuous hydrothermal dewatering processes to reduce power plant emissions by up to 40%. Proposal is for a 12 million tonne p.a. export focussed commercial coal-processing plant, infrastructure and mine. 1,300 Estimated construction jobs (at peak) 490 Permanent positions Project cost and assistance required: Exergen is seeking facilitation and approvals support from the Victorian and Australian governments.
Port of Hastings rail link -
The development of the Port of Hastings is of vital importance to the entire Gippsland region, as expressed in many strategic documents. Rail connectivity to Gippsland from the Port of Hastings would allow the cost-effective export of brown coal products and derivatives as well as other bulk and containerised products. A number of international investors have indicated that connectivity to the Port of Hastings is a key infrastructure gap that is negatively impacting on long term investment decisions in Gippsland.
cheers B Rubes
MNM Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held