Winteck when did they announce potential repeat of 30m profit?
I dont think anyone other than the lawyers and the execs at MAH know what is happening with Mongolia, countries like this operate very differently, - a contract isnt worth the paper it's written on. I too am hoping for something but absolutely in the dark at this stage.
More importantly for this company is the Christmas Creek tender which apparently FMG are deciding on between MAH and DOW, currently both operating there but FMG have re-tendered and are awarding to 1 of the parties.. Currently means 300m Rev a yr to MAH... Not sure where the company goes if not successful would blow their debt covenants out of the water...
If positives out of 2 of the above happy days if not im worried.
Winteck when did they announce potential repeat of 30m profit? I...
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