Former ECT chairman Mike Davies is an Executive Director at this new player.
Mike is also chairman at K-Coal Australia Pty Ltd which appears to have ties to K-Coal of Korea.
and another new player is
Australian Iron & Steel Technologies Pty Ltd(same address)
I wonder if they are involved in making primary iron from brown coal, could be another market for us?
It is great for Mantle as a large holder of brown coal as the segment continues to grow with more new BC tech companies popping up all the time.
Another one that Mantle holders may not be aware of is
BioCoaldry
which appears to be an ECT director and a Monash director's brown coal technology, though not sure where it fits in. Could be a stand alone tech or may be an add on in a drying process.
The more of these Co's that continue to pop up the better for MNM IMO as I believe even if only one of these Co's is able to revolutionise the way brown coal is used mantle holders will benefit through an increase in value of our in ground resource.
Bring it on!
B Rubes
MNM Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
