I have read that 100kCFD is considered a commercial threshold in Australia (and Less in the US).
You would imagine with lower costs and massive close market (China) and no Liquifaction required the rates to be deemed commercial would be a lot lower in Mongolia.
Also still very early days - expecting the production rates to keep going up...
If this isnt the best buy on the ASX at the moment I dont know what is!
The market often "misprices risk". Thats how you make money.
Congratulations if you are reading this you have found an outsized misprice!
IMO
Loic
I have read that 100kCFD is considered a commercial threshold in...
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Mkt cap ! $124.7M | |||
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