Never ceases to amaze me why this share is not getting more visibility. Mongolia has a yearly challenge to secure supplies of Diesel to power the many thousands of Mining Trucks which are required by Mongolian Mining Corporation LLC .to send their coal into China. The Diesel needs to be imported at considerable cost. The trucks could be modified to become gas and this would considerably reduce the MMC operating costs. In fact Jade will potentially supply two products: LNG for heavy vehicles, and gas for electricity generation. Sooner or later the powers that be will realise that Jade is a strategic asset for Mongolia and its development.
JGH Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
