Have gleaned Winsway Coking Coal Holdings earlier,
and thought we may have been up-dated sooner or later, on the vendor. So here's my guess.
The following pdf presentation is of interest:
http://www.winsway.com/attachment/2011041913022317_en.pdf
"June 2010
Winsway and Peabody
Energy entered into a 50-50
joint venture which holds over
50 coal licenses in Mongolia".
Notes in a deal with the vendor of coal licences, to provide a 1% royalty.
Also notes, amongst other zones, 25 licences in the South Gobi region!
That's half the licences it has access to.
Winsway needs to focus on transportation out of Mono, and my guess is it is happy to off-load this initial exploration and development to the likes of our Team, to allow them to push ahead with gaining volume of sales.
End market appears to be the focus, not mining!
Appears to be a company of great repute amongst the Mono giants. Check for your self (dyor).
Cheers :)
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