AUL 0.00% 28.5¢ austar gold limited

mnm - the next fmg?, page-18

  1. 4,255 Posts.
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    I agree Invest,,,Exergen has said several times that the timing is crutial and they need to get this going as fast as possible, they have said they wanted to start production around 2014/2015 if I recall correctly,,,look how long it took to get the lab results,do the various tests on our coal quality/suitability.If exergen is in a hurry to get things going which they are,their best bet is MNM IMO. I am pretty sure IK and the exergen gang have very close relationships and they will work out a good deal...I am very bullish MNM and most realize that. Even if the JV was 60/40 exergen/mnm I would still be very happy as long as they paid for most the costs...so many variables..

    IMo the biggest factors which have been keeping the SP down have passed, SPP is done, plenty news to follow,I have no doubt that the raising was very successful...time will tell,,drill up some gold in the meantime, we like good grades near surface.

    dyor
 
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