MAH 0.86% 28.8¢ macmahon holdings limited

According to the investor presentation (12/12/2012), Tavan...

  1. 194 Posts.
    According to the investor presentation (12/12/2012), Tavan Tolgoi project worth US$25m in total, from 2012-2017.

    There are uncertainties involved with this project. Mongolian gov was having dispute with Chalco and now trying to seek further funding from Shenhua China to replace Chalco - according to a Chinese website.

    News from Bloomberg is also talking about possibility of having a loan from Mongolian government:

    http://www.bloomberg.com/news/2013-01-24/mongolia-loan-may-help-tavan-tolgoi-exit-chalco-deal-ceo-says.html
 
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