It would be even more enlightening if they said what is meant by...

It would be even more enlightening if they said what is meant by " construction has commenced" Construction of what ?
Mongolia is just now starting to get ready for the Spring start-ups in construction and mine exploration activities.
No work has been done on the Terra minesite since mid-December.
These latest announcements are only teasers, in my view. with the use of generalities making it very difficult for anyone not familiar with mines and mine development to make an informed investment decision.
The JORC guidelines and ASIC guidelines were designed to avoid this type of problem. It is a pity these guidelines are not taken seriously.