Yes short term will take some wind out the sails. Long term its positive as Mongolian gov are working with management to get it over the line. This shouldn't be a suprise as management has stated they were looking for an extension to complete these conditions precedent.
We will see the "funding secured anyday" spruikers disappear now though.
I'll just keep quietly adding, its a big project and the potentials still there.
Ann: Erdenet to Ovoot Rail Update, page-9
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