Worth mentioning the tariffs again below meet financial return...

Worth mentioning the tariffs again below meet financial return requirements so people can reel in those numbers - When you take this into consideration we are looking at a mMONSTER of a project - the current share price is ridiculous in the bigger scheme of things

This tariff both meets the minimum financial return hurdles and provides for a competitive transport cost for Ovoot Project and Nuurstei Project coking coal into end markets.


http://www.*.com.au/upload/CKEditor/AKM%20table%202.JPG



ALL ABOUT THE PRE DEVELOPMENT CAPITAL - via CGGC deadline which was was originally 15th May but we needed to get the feasibility finished, reviewed  which is now done !!!!

CGGC paid for feasibility costs as we know and will be the KEY to railway funding

% OWNERSHIP OF NR RAIL PROJECT
CGGC opt in and provide Necessary funding and they take away  51% ownership of NR and our holding of 80% drops to 34% and Noble 15% - all this info ive posted number of times on the "spotlight thread" as have others but it gets lost in multiple posts - the main reason i started the "Putting the spotlight on AKM in Mongolia" thread was to ensure the quality posters put all project info up for "Mr Market" to see - the information on this project is crystal clear now and we are ready for the next big announcement - lets face it - the 3 governments want this for economic growth and prosperity  so lets get it on baby !!!

So we are basically waiting for approval by Mongolian Transport Authority and then funding approvals and lead time into spring, March to June 2019 construction can commence ( based on current timelines, we are still on track to commence construction in March 2019 in Mongolia )

Off take agreements are also important to identify railway capacity , very close - this is necessary to trigger those capacity numbers so there is confidence on railway funding then revisit those negotiations - so get the funding approved , then get those capacity agreements and BOOM

Lots of M & A activity in the coking coal we have had multi billion dollar transactions with RIO assets and valuations going up on Coking coal production assets and players like Glencore know the market well , are major buyers ,and not just China markets but Japan and Korea etc

"we are also working on plans to bring forward production on OVOOT which is our giant project where the 10 MTPA will be realised $$$$$$


So,The major trigger is now the green light on Mongolian Transport Approvals , CGGC funding and market waking the **** up - haha

GLTA