CEO c @ limited
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re: Ann: Acquisition of Coal Licences in Mong... Seems like...

  1. victorious
    2,267 Posts.
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    26/09/11
    15:45
    Post #: 9011193
    re: Ann: Acquisition of Coal Licences in Mong... Seems like stale money until next year.

    We all thought drilling in October would occur but it seems that the acquisition will be completed at the end of November so no drilling before then.

    Way too long to secure licenses. With no positive news on Mongolia until the leases are transferred, how is the company expected to raise capital at a decent price.
    CEO Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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