Yeah I had a look at MAK yesterday, very well positioned in the country.
Also mining coal on the southern side of the ridge that the drilling campaign took place is SouthGobi Resources Ltd. which is listed on the Toronto and Hong Kong stock exchanges.
The image below is from a 2017 technical report by SouthGobi showing the mining license areas.
Historical images on Google Earth show how quickly the companies are progressing mining operations on the ridge where the gas resource is located.
In 2018 the MAK operation added a coal processing plant which is where I'm assuming the gas / electricity will be used.
Lots happening in the area.
2012
2020
Yeah I had a look at MAK yesterday, very well positioned in the...
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