mongolian coal due diligence, page-11

"Further updates will be provided by the company in the next 2 to 3 weeks as more detailed exploration results are known."

Well, by my count the 3 wks was up at EOD yesterday and recent sell-off has pulled these back to bargain territory imo. Diamond drilling/coring tells me they believe coal is there (otherwise why not cheaper RAB or RC drilling), just need an indication of quality and thickness(es) which cores will provide. Also, trenching suggests something's expected under thin cover, so that says 'near surface'. What's not to like? :)