Ann: Mongolian Coal Acquisition , page-9

  1. 23,271 Posts.
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    agreed Rawk

    great announcement with more to follow imo.

    Lets see what transpires in 10 weeks time. For $100k for the exclusive option to aquire 8 licences after due diligence with access to existing infastructure is outstanding.
    Even is the $100k is non refundable I somehow doubt that there wouldn't be any of these options taken up. To put a measly 4100k at risk for the potential reward is money very well spent.

    For those that have sold recently or those just considering there is a small window where the price may remain subdued imo.

    I would be amazed if we aren't in double digits within a couple of months.

    Took while and other opportunities beckoned but then I guess good deals aren't done over night. I took profits some time back on 75% of my holdings as it was only going to be an in and out.

    I think the remaining may just be bottom drawed
 
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