Perhaps Albrecht and Elphinstone have no decent connections?
Decent connections, like what you saying - in the last 10 years they are where?? all these big names on board and they are just going to had over everything to mantle mining who have a JV over at a waste dump who have no mining license - the feas
Perhaps Tata, Theiss, Sedgman & Itochu have all gone broke?
not sure i see billions of dollars but why we waiting for the ALDP they should start now, if they are granted aldp and granted a coal allocation well i hope punters don't get sucked in thinking they will need mantle. There is only so much coal that can be exported from the LV - for mantle to benefit i would say another 5-10 years and that's a big if.
demo designs and permits were due end of 2013 - lets see if they arrive on time Choo choo.
They will either go it alone or list through another ASX Co IMO.
Either way their JVA partner Mantle who hold shed loads of coal will do OK IMO.
Coal is no good in the ground talk once you start getting out of the ground and on a ship well that would be when? 2019 , 2030.
Titanic? Last seen with a big leaking hole in the side where it ran into Monash on a dark deep stretch of cold water.
ECT and mantle are penny stocks plenty of stocks on the asx to invest in neither is better than the other in fact id say both are on board and there's not enough life jackets to go round. Both are dog stocks and advise punters to stay clear, until we see a proper back or deal from either then look elsewhere.
well mantles cash at end of sept 2013 was 1.1 mill, they are now more than 1/2 way through the qtr ( projected spend was 500K) so id say 800K in the bank. We all no IK loves to have a million in the bank.
Raising soon IMO for mantle / not sure ect they'll probably issue a 3B hahaha.
CAG probably did the right thing to move on it's almost fantasy island biulding that 1Km volcano in the ground.
Cheers
M.oz
PS lets see the SP go up all your positive research in the last 12 months the SP has gone from 12c to 3c.
Good luck to CAG holders hopefully something will turn around.
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