Where did IBML's cash backing come from?...

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bloomingruby

4,289 Posts.

23/01/16

10:36

Post #: 16855370
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Originally posted by bloomingruby ↑

No mention of Coal, Exergen or our options in merger ann't?

I guess we'll find out more on options as merger and consolidation unfolds.

I said a while ago I'd given up on the Exergen/Mantle relationship. Just my opinion. But what happens to our coal. Is it to become another expensive to retain asset that we relinquish?

Is the new merger just related to GOLD?

Could there still be a Mantle Coal?

And Tata?

With Coal India massively increasing it's production of their abundant indigenous Indian black thermal coal to feed their soon to be upgraded power stations, I guess they won't really need much upgraded brown coal for generation? So we can write off the Tata link too?

Seems like Mantle really will be an almost solely GOLD focused explorer/producer soon with this new large cash reserve position and a vastly smaller register. I like the Chinese connection on the IBML board in relation to offtake potential and general exposure for mantle and possible future cash sources.

http://www.interbasemetals.com/about-us/directors

Also, looking forward to further news and to also see what becomes of the Granite Castle talks with Wishbone.

http://www.iii.co.uk/stockmarketwire/212897/white-mountain-potential-confirmed-says-wishbone-gold

As usual plenty of questions going forward that I hope to see answered soon.

Lots of discussion points for all.

Exciting times IMO

B Rubes

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Where did IBML's cash backing come from?

https://fortbridge.wordpress.com/20...es-on-heilong-fund-and-appoints-new-director/

This guy might be a handy addition to the new Mantle board!

B Rubes

MNM Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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Where did IBML's cash backing come from?...

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