Just did a quick check on distance noted in previous post; Tavan Tolgoi is more like 250 - 350 k's away, not 500!
If have time, check this site:
http://seekingalpha.com/article/310682-coal-in-mongolia-investing-part-ii
Interesting info from report last Nov.
Notes current co's, as well as a note on us as a prospect.
main focus is Nth American co's.
However, a handy ready-reckoner on values for these projects on-hand.
Also notes that :
'The brokerage community in Mongolia has speculated that the quality of the coking coal in Ovoot Tolgoi's neighboring Soumber deposit may be better than that of Ovoot Tolgoi. ...'
Our Gobi licence is next door :)
The presentation also provides a reasonable map of the southern mine locations.
Happy reading. Happy to hear other thoughts.
Cheers :)
cheap as chips, page-11
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