Perhaps some of the more technically astute could help me. Please correct me if I am wrong but I'm pretty sure the announcement read, "We found a sh!tload of coal in the Ovorhangay Province. There's a bunch more in our South Gobi tenements but we're getting this Ovorhangay Province "company maker" out of the ground first. There's a good chance we've access to a heap more Mongolian coal, but we can't tell you where...yet".
Scary potential.
An updated version of Redlion22's great post 31/5/11.
Peer market caps
GUF - 230,615,218
AKM - 288,884,743
HUN - 274,208,853
XAM - 64,898,880
CEO - 49,496,259
....and then there's Indo!!
Not bad for a healthcare company.
seams like a mongolian dream
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