Ann: Results of the Share Purchase Plan, page-20

Someone mentioned millions of dollers and years to develop mongolia project.. why years to develop ??... If it was in australia then yes but this is in another country next door to china.. if they get a deal to sell then a deal can also be done to develop it fast ... if it is the chinese market they would be after then fast paced development isnt out of the question .. for example they are going to build 150 nuclear reactors within 10-15 yrs.. this is what i call fast paced development.. in countries like australia where we will take 20 yrs to make some nuclear submarines lol... So to not factor in the market value of SL success is just crazy IMO.. there are plenty of companies years away to making money off projects but are still valued somewhat for the project..
Going by their last announcement being at 300m and drilling.. rough calcs have them drilling at 40m per day ... next 3-4 days they would of reached TD and hopefully more gas bearing zones .. this confirmation SHOULD set TPD on fire as it will be 2/4 holes drilled and both success .