Ann: Farmout of Mongolian Assets, page-45

I get what you're saying - he could let's say 'join the board" of Gobi Terra UK in the future, get paid in shares and remain exposed to the Mongolian play.

You have alluded to this a couple of times now, and you are more right than wrong on specific facts that don't seem to be in the public sphere. It goes to show that you are very well connected and know about ongoing conversations before anyone else does. It's a bit suss.

Anyway, for people who don't know the person behind Gobi Terra UK, Bayanjargal Byambasaikhan, he used to be on the EXR board and is on the Mongolia Business Council to. This are his creds:

• Experienced leader in finance, energy, and public resources management with 25+ years in banking, project development, and investment.
• Pioneer in Mongolia’s renewable energy sector, leading the country’s first 50MW wind farm (2012) and attracting over $500 million in private and international investments.
• Recognized as a Young Global Leader (2014) by the World Economic Forum.
• Formerly managed the Central Asia Regional Economic Cooperation energy program at the Asian Development Bank.
• Served as Mongolia’s Special Envoy (2018-2020) on Regional Energy Cooperation.
• Held key leadership positions, including:CEO of Erdenes Mongol, Mongolia’s sovereign wealth management company.
• Board Chair of MobiCom, Mongolia’s largest telecom & IT company.
• Board Director of Oyu Tolgoi, a major copper and gold mining project managed by Rio Tinto.
• Non-executive director of various mining and energy companies listed in Canada (ERD-TSX), Australia (EXR-ASX), and Mongolia.
• Currently represents Envision Group in Mongolia, a global leader in energy transition.
• Chair of the Mongolian Hydrogen Council (since 2021), promoting hydrogen industry policy & investments.
• Vice-Chair/Chair of the Business Council of Mongolia (since 2010), supporting economic development and the Boao Forum for Asia.