This Sentence in the release is so Positive "Jade estimates that these future supplies will constitute more than 500 MW of future power demand, all within 200km of the TTCBM Project, meaning that the domestic Mongolian market will likely be the only focus of any future gas sales." If Jade can prove the gas supply , which all indications show that they have the gas, then they have customers on their doorstep which are currently paying significantly higher gas costs, due to the high cost of transportation, or are utilising coal powered stations to provide power, which the Mongolian Government wants to eliminate due to their commitment to cleaner environments. Jade is completely undervalued
JGH Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
