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Froggy $

13,218 Posts.

274

15/03/22

22:09

Post #: 60211469
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Originally posted by Greenocean ↑

LLB Swiss were the last substantial holder selling announcement when they went under 5%, and, it may be them taking whatever they can get over .028c that is keeping things down for the minute, if they are still selling that is.

Mongolian Sovereign risk is looking better and better by the day, we can largely thank Rio Tinto for that, the Scoping Study sounds like it will be positive according to Colin on the last video, the high grade core is still growing through drilling, which will be inside the starter pit and all important for an initial investment decision by any partners or buy out with regard to financial outlay vs payback vs mine life after payback etc.

If things keep going in a positive direction during 2022, it makes this resource look very, very cheap.

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I've also read there's been bn0 a change in government that are strong now! Hence not getting f*ed over by Rio.
Royalties now not stake holders.
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