Ann: Exploration Update, page-22

It is all part of threats and posing in a long running court tax action...you really think mongolia is going to sink mining investment in the country ...little to do with sovereign risk....

Chile..."On March 24, deputies in Chile’s lower house gave their general backing to a constitutional reform that would impose a flat 3% royalty on the production of copper and lithium to finance environmental and social programs in communities near mining operations.But under an amendment approved at the committee stage on April 26, the royalty would rise to a marginal rate of 15% when the copper price rises above $2.00 per lb.; 35% above $2.50 per lb., and 75% above $4.00 per lb.If approved (it requires two-thirds majorities in both the lower and upper houses), mining companies would lose more than a fifth of their gross revenue to the royalty alone when prices are at current levels."