New share and oppie combined should be worth around 4.5 to 5.5c when issued IMO so well done to all that got their fill.
Onwards and upwards with news IMO and some humps and bumps along the way.
I am feeling more confident of Exergen getting a decent chunk of Gov funding everyday and it seems that with this sentence -
"Our efforts through the Government's ALDP process has also been significant, and we continue to look forward to positive outcomes, though these are far from guaranteed given that, in the end, there are political aspects to the final decisions."
other applicants may be losing a little confidence and preparing their holders for a possible unsuccessful application.
The BCIA article showcasing DICE and all the other pointers to DICE being a long term energy solution through brown coal should be enough to ensure Exergen develop their DICE CHTD feedstock through Gov participation. It seems clear that Exergen/CSIRO hope to roll DICE out globally for the benefit of all, and that will mean CHTD plants also wherever DICE is implemented.
Mantle and Exergen should both be sound investments over the next few years as they progress the BM JVA.
Above all IMO & DYOR
cheers Atlanti/BR
MNM Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
