Once again we have a Vic Gov link where it appears Mantle is at...

Once again we have a Vic Gov link where it appears Mantle is at the heart of the state's brown coal export plans.

How many more of these verifiable links will it take before the market realises the potential of this $10mill market cap sleeping giant?


http://www.geelongaustralia.com.au/common/public/documents/8d06715d363ea38-Geelong%20Port%20and%20Land%20Freight%20Infrastructure%20Plan%20Aug%202013.pdf

Lots of mentions of brown coal out of Geelong Port in this report by GHD, but skip to page 62 for confirmation of Mantle's involvement.

Mantle are expected to be exporting 2.5mill tpa of BC through Geelong sometime between now and 2020.

2020 seems a long time off but an awful lot has to happen between now and actual coal being loaded onto a ship and Mantle's market cap should be in the hundreds of $mills or higher by the time that happens.

From where? LV according to this July 2013 report by the Vic Gov's consultant of choice, GHD.

From Vic Gov Export Victoria website -

GHD - Business Overview

GHD is one of the world’s leading engineering, architecture and environmental consulting companies. The cornerstone of our business is our client-centred culture and teamwork. Our global network of engineers, architects, planners, scientists, project managers and drafters collaborate to improve the built, economic and social environment of the communities in which we operate.


From the BCIA expo summary -

Mr Chris Johnston, GHD

Stated he was doing a sales pitch for LV coal.
Thanked Slade Wormington of Exergen for quality of his presentation
Said you will probably hear me repeating things Slade said as Exergen is the benchmark.
Said he would be talking about what is needed from a Gov perspective to gain confidence in a proposal.
5 key things to look at “as Slade said”(his words)
Level of R&D completed – lessons learnt
Project – site – confirmation – geotech – stakeholders
Approval process – council/gov – community consultation – compliance
Finance – design – partner agreements ”signed on dotted line” – EPC contracts – preliminary design ”can’t go to gov without it and be taken seriously” – Auditing,cost control etc..
Industrial relations management – design auditing – independent review – lobbying
Risk management – properly assess risks – make sure upgradeable without issues

Need a clear target market without generalisation
Clear business case
Appropriate resource and location
Both demo’s and commercial plants allow 12-18 months for approval process


Above all IMO so DYOR

cheers
B Rubes