News out from last Thurs:link :...

News out from last Thurs:

link : http://coalinvestingnews.com/4115/germany-looks-to-mongolia-to-secure-energy-future/

" Last Thursday, German Chancellor Angela Merkel signed a resource trade agreement with her Mongolian counterpart in the Mongolian capital of Ulaanbaatar. Surrounded by a contingent of German industry leaders, the German delegates were eager to secure access to Mongolia’s burgeoning mining economy, specifically its coal, rare earth elements and other commodities, in exchange for German technology and skills to support local mineral processing operations.

The talks were highlighted by a US $500 million 5 year coking coal mining contract establishing a joint venture between German BBM Operta Group and Australian Macmahon Holdings (ASX:MAH) formalizing the deal made in late August of this year. ...."

Another promising aspect for our Director's focus at this early stage, for Mono, imo.
Cash IS forth-coming at quite some pace, for coal prospects, and assuming our resource has quite some promise, to be confirmed in first half of 2012, our future potential is looking great.


Looking forward to some news soon, real soon.

Cheers :)