faqs..., page-3

I had a read of the 'exergen flyer' BR.

Judging by their testimonial page on their web site RFC Ambrian have a very good track record of raising cash for resources projects.

In the flyer it says that the CR is set to be done by next month.

I assume that MNM will have to provide an ann if it fails because that would be market sensitive.

But will they have to ann it if it succeeds? This is an interesting private/listed disclosure tussle.

But I reckon no news about the exergen CR or ALDP application from MNM is bullish because they would have to announce failure by their JV partner exergen about anything that impacts the BM project.

As long as things were on track with the CR and ALDP the 'commercial in confidence' exception to the disclosure rules probably applies, and MNM can stay silent.

Happy to be corrected if anyone out there knows the rules in this scenario.