AUL 0.00% 28.5¢ austar gold limited

Email to IK

  1. 2,568 Posts.
    lightbulb Created with Sketch. 47
    Moonoomoo, nice work. So we will still wait. Maybe for Vic Labor to sort themselves out and decide how to progress the BCP?

    It is was pointed out at length at the agm that the climate for raising cash was very tough. You can't deny that.

    Most of the asx minnows that I follow have not raised any cash in an age.
  2. 4,289 Posts.
    Thanks Moonoomoo.

    "an update is on its way"

    " if a major issue had arisen then it would already have been announced"

    and thanks IK.

    In other words the last Exergen update through Mantle stands and is progressing(slowly). IK is oviously satisfied with Exergen's progress towards CHTD Demo Construction, otherwise it would sure be a "major issue".


    From Oct 2014 -

    http://www.mantlemining.com/wp-cont...ergen-Bacchus-Marsh-Joint-Venture-Update2.pdf

    Highlights:

    Commercialisation Pathway to support the PCDP:

    Exergen continues to advance key components of its commercialisation pathway considered necessary to achieve full PCDP funding:

    The PCDP will be hosted at EnergyBrix Australia (EBAC)’s Morwell site in the Latrobe Valley. Exergen and EBAC have executed Site Lease and Services agreements securing the site until at least August 2015 with an option for extension. EPA and local authority approvals are well advanced.

    An Alliance Contract between Exergen, Thiess and Sedgman for the PCDP has been drafted. A draft contract for the design and construction of the PCDP has been completed by Thiess, and Sedgman has provided a MOU for operation of the PCDP.

    Negotiations are well advanced to ensure both the PCDP and commercial scale operations will have sufficient Latrobe Valley coal supplies.

    Work on potential product pipeline routes has commenced and negotiations are advanced for an option to acquire suitable industrial land with access to port facilities.

    Preferred pipeline routes from the Latrobe Valley to Crib Point (at the Port of Hastings) and from Bacchus Marsh to the Port of Geelong have been defined

    B Rubes
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.