I'm excited, good or bad, I'm excited!!!
At least something is happening!
MOU has progressed well, they have:
1: mining licence
2: 30 year plus huge energy coal resource
3: 6 km from rail and close to power
4: the government is on their side.
5: COP would be the envy of many other coal miners
6: 5 year briquettes plant contract off take with Mongolian government that will grow over time.
7: so god damn close to all the coal reliant energy hungry countries!!!
This stock will re rate soon for patient holders. IMO funding discussions are well, well advanced and unfortunately the price drop could be a VWAP adjustment.
Happy to hold and would buy more but already over weight. Risk reward, I'm in :-)
I'm excited, good or bad, I'm excited!!!At least something is...
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