mantles strategic lv

Just FYI

Just having a dig around to try and find some possible strategic reasons for Mantle's LV ground apart from Exergen and LY.

Mantle, ECI International, Greenpower/Sawells(subsiduary of greenpower) seem to have rights over the bulk of land below and beside S7 with Mecrus, Latrobe Fuels & Ignite having the rest.

Greenpower have recently announced a 567million tonne JORC very close to Mantles Thorpdale tenement.

ECI International(largest share holder in CFT Energy LTD) have huge tenements around the western and southern sides of Mantles ground. By coincidence they also had tenement at Deans Marsh and pulled plug on that a few months after Mantle.

http://www.colacherald.com.au/2011/10/miner-abandons-coal-seam-gas-search/

CFT Energy LTD(ECI partner) are focused on unconventional resources including coal bed methane and coal mine methane assets throughout the world, with particular focus on the Asia region; spanning CBM development, pipeline asset acquisition, electricity generation, liquefied-natural gas projects and downstream related industries.

http://www.cftenergy.com.au/cms/index.php?option=com_content&view=article&id=19&Itemid=136

cheers
B Rubes