Great presentation posted yesterday!
Mgt appear to get very interesting data,
such as the growth of China's coal power stations;
such as the rating Hunnu have against other peers;
etc.
Worth the read.
So pls correct me if reading the value incorrectly, but with 414 m/t JORC, x $300 t = $124 billion in income potential?
AND we're looking for more!
Have I calculated correctly?
Then we check the other 3 companies noted - assume to be correct - when dividing their cap value, by hunnu's share total (242.1 mil):
Mongolia Energy value noted = $5.70 eq HUN;
Sth Gobi Reso value noted = $12.32 eqivalent HUN;
Mongolian Mining value noted = $19.52 eq HUN.
Once these 'peer co' values are calculated, no-wonder s/p is gaining ground rapidly, imo.
Pls correct me if figures are wrong!
China on it's door-step, HUN's in for the long haul, and great potential divi's?
Production anticipated to commence 2nd half 2011.
Cheers :)
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