IMO a relationship between MNM and exergen has been in the mind of IK all along and so I don't think you have anything to worry about... I have enclosed a summary of IK's past, and most importantly read the bit that mentions Thiess and Exergen...
Ian R. Kraemer – BSc, MSc, F AusIMM Mr Kraemer has an extensive background in the resources sector with over 20 years professional experience in the exploration, acquisition, construction and operation of diverse mining projects in the coal and gold sectors. Prior to involvement in Mantle Mining, Mr Kraemer worked for 8 years as Business Development Manager with Thiess. In that capacity he was responsible for acquisitions and for underground mining project design, development and operational takeover. Most recently he held the position of Project Director responsible for the development and commercialisation of clean coal technology company Exergen, reporting directly to the Chairman of Thiess. Mr Kraemer first commenced his mining career in 1980 as a cadet Coal Mine Manager in Queensland. During the following 8 years he held various line management positions culminating in the appointment of Relieving Underground Coal Mine Manager at Moura. In 1987, Ian left Moura and relocated to the USA where he completed Batchelor’s and Master’s Degrees in Mining Engineering at Columbia University in NYC. He then accepted the position of Director Operational & Strategic Planning for Pittston Coal & Minerals (15 coal mines in USA and 2 metal mines in Australia) followed by a transfer back to Australia as Director Australasian Business Development. Mr Kraemer holds First and Second Class Coal Mine Manager’s Certificates in QLD and in NSW. He is 45 years old.