Apologies if anyone else has already posted this article.
http://www.proactiveinvestors.com.au/companies/news/38052/aspire-mining-undervalued-on-second-largest-coking-coal-reserve-in-mongolia-38052.html
My favourite paragraph was
"On our analysis, we calculate a valuation of Aspire Mining at closer to $0.20-$0.25, based on the value of the resource in the ground and applying an appropriate discount for sovereign risk, infrastructure and funding risk relative to projected returns".
Excellent article IMO.
game changing deal for aspire, page-10
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