Pipe Dreams in Mongolia

When the board decided to realign the company divesting it of non-core assets and doubling down on Mongolian gas, it seems they knew someone else would be paying for capex from pipelines to rail to power stations.

With the Power of Siberia pipeline 1 launched and plans for number 2 underway, there is talk of building even more pipelines and power stations from Russia and Siberia through the Mongolian capital and past Elixir’s tenement.

Once Elixir confirm they are sitting on a massive gas deposit, National players will be bidding for Elixir shares. Elixir will sell out at a massive upside to what will already be a .50 cent shareprice and the rest will be history.

How long for Elixir to establish a contingent resource? Two short months and the clock is ticking.

http://jargaldefacto.com/article/the-economics-of-natural-gas-favor-mongolia