With Mgt increasing their holding, guess the market may be inspired in due course.
Meantime, we have news that our South Gobi Licence neighbour has resumed mining operations.
http://www.southgobi.com/s/NewsReleases.asp?ReportID=577319&_Type=News-Releases&_Title=SouthGobi-Resources-resumes-Ovoot-Tolgoi-Mine-operations
One major observation on their Home page, is the prospect of our licence region - most like the Nth Qld Bowen Basin ~ quote:
" Importance of the Ovoot Khural Basin:
*Permian-age coal bearing basin only 40 km from China
*Coal identified over 150 km strike length
*Land equivalent to prime hard coking coal region of Bowen Basin in Australia (largest seaborne coking coal exporting region today)
*Rail infrastructure and coal loader constructed by Chinese to access "
An extract from South Gobi web :
http://www.southgobi.com/s/OvootTolgoi.asp
Expecting up-date in due course, but can somehow understand the new push for proving up this 'neck of the woods'.
Cheers :)
is 2013 the year of recovery, page-4
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Last
$1.32 |
Change
0.035(2.72%) |
Mkt cap ! $1.689B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.34 | $1.27 | $9.690M | 7.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1189 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 10300 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |