Grandis being higher value and a quicker turnaround time I assume. When I say quicker - that’s quicker in gas industry terms. It’s still not going to be quick for shareholders.
Who knows what the plan with Mongolia is…maybe when Grandis is fully sold off in a couple of years and TMkK and Jade have been making strides in Mongolia, and our JV partner in Mongolia still hasn’t done anything on our block, we just buy it back and develop it when the industry is a bit more mature. (My take is that the JV in Mongolia is purely administrative - I don’t think anything will happen from an operational point of view in the next couple of years. I think it will just be sitting there waiting for ExR to get the 51% back somehow).
EXR Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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