scores another major lease

NRU looks to have picked up another excellent (large) lease smack bang in the middle of the right address for large coking/coal mines in Mongolia.
The terms are excellent and a reflection of just how much the market has cooled over there.
They can probably get some holes in this with very little money and I guess Sedgman might also be keeping a watchful eye on this company now. NRU is becoming a coal incubator whilst the world has no interest. I am amazed at just how short sighted analysts are with regard to China's ongoing coal requirements. These sorts of assets willl only become more valuable as things develop over there. dyor