The following extract is also relevant to esi, vertigo what are your thoughts on this...how much do you think it would cost mantle to develop the BM mine (considering the depth) and what time frame (considering the lack of community acceptance). Perhaps leave the 2014 tata offtake out of it as that is just spin.
"The key attraction to investors is AEC has rights to take brown coal from an existing mine feeding the Loy Yang Power Station. That means the company could save an estimated $400m in capital expenditure to build a new mine, as well as sidestep the time-consuming process of securing regulatory approvals."
http://www.theaustralian.com.au/business/wall-street-journal/aec-seeks-cornerstone-investor-for-brown-coal-project/story-fnay3vxj-1226327649583
The following extract is also relevant to esi, vertigo what are...
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