TER UNDERVALUED FAIR VALUE $1.20, page-232

Have I missed something, or is anyone else aware of this? Terracom lists Mongolia. I've never seen this before. Not sure if I've missed anything or if they've updated their web page with this new info? I was only aware of projects in Australia and a coal mine in South Africa?

Introduction

TerraCom (ASX: TER) is resource company with a large portfolio of assets in Mongolia and Queensland, Australia.

TerraCom employs a team of highly skilled mining professionals with globally diverse backgrounds across its multiple locations. TerraCom has a current focus on growth through their existing project development pipeline and potential acquisitions. Its highly skilled but nimble management structure places TerraCom in an ideal position for rapid enactment of opportunities while delivering on the existing suite of assets.

TerraCom’s subsidiary in Mongolia, Terra Energy, has 2 projects located in the coal bearing regions of the South Gobi and Middle Gobi, the Baruun Noyon Uul (BNU) coking coal mine is located in South Gobi Mongolia.

In Queensland, the Company’s assets cover an estimated 18,000 km² across the coal bearing Bowen, Galilee and Maryborough Basins. The tenements are strategically positioned close to existing rail and port infrastructure.

TerraCom has a resources profile under management across all projects of 2.522Bt and is diversified in terms of its exploration targets, which range from hard coking, thermal and PCI coals for both the domestic and export markets.

The Company is driven by a highly skilled board and senior management team that is moving quickly to develop its high priority coal deposits in both Mongolia and Australia.