Ann: TMK: Thick Gassy Coal Seam Intersected in Mongolia, page-58

Thanks, Veritas, for your input, but "Mining minnows" & "Mining juniors" probably raise the hackles of Doug Jendry & David Casey. However, they seem to have immediate cash needs covered, although I can't claim to be full bottle on Mongolia.
Is our deal that we put c.$5M into getting this off the ground for Telmen or TMK to earn 33% in the venture, then after exploration success are we free carried, or up for 33% of all the project costs, perhaps next under the control of TMK/Telmen ? Cheers, Japes