This is amazing "Jade has delivered a Gross Contingent Resources estimate for the Red Lake area of 1C of 118 Bcf, 2C of 246 Bcf and 3C of 305 Bcf – the largest Contingent Resources for coal bed methane in Mongolia to date"
When Jade get the finance to extract this methane, and with these numbers I cannot see any problems, then this share is completly undervalued. Mongolia needs to become energy independent and Jade can deliver this goal. Exciting times ahead.
Ann: Jade Gas Delivers Substantial Maiden Contingent Resources, page-3
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