General Discussion, page-33

I'm not sure people understand the variables of this finding.

1TCF is 1,000,000,000mmbtu
1mmbtu is currently $7.9 usd

the 2u is currently a little under 6TCF.
This Asset will be worth ~46 billion in potential gas (sure gas prices could drop to $3 again, but when?)
Yes, the reality of this is still a high risk.

They have been finding larger than expected coal sizes, and the quality of the coal and the mD range is showing that it has strong evidence to be accessible.

They are going to update their estimates next month which I predict is going to be larger than expected.
When they do the feasibility study and finalize the 2u, that is when we will start to see game change.

Being in the ASX, the ability for china to purchase one of our companies with this size of asset would be under strict observation.
The other variable you need to consider, if the investors/government of Mongolia really wanted to sell this cheap to PetroChina, why invest in the company via the ASX and not the Shanghai exchange? There is obviously a lack of trust in china's overreach. (unless I'm missing something?)

I personally don't see china invading as this would be a blemish to their 'belt n road' campaign. So if they do purchase, it will not be for pennies.

I'm in this for the long game fellas, you can sell at 10c, I'm gonna wait till market cap is 3billion or when there is a serious deal from china.