Unst Khuadang mine:- Hunnu Coal owns 75% of Unst Khudang mine....

Unst Khuadang mine:

- Hunnu Coal owns 75% of Unst Khudang mine. HUN is aiming to produce btw 1Mtpa then grow.
- When producing from Unst the plan will be to transport materials to China by rail.
- expecting maiden JORC from Unst Khudang shortly. Exploration target is btw 250-500mt
- Mine is less than 250km from Tavan Tolgoi (if the scale on the map is right).

Tsant Uul site:

- 90% owned by HUNNU.
- Next to road that enters Chines border
- Maiden JORC also around the corner.

Tenuun:
-2 rigs operating here
- Pretty sure this is thermal coal only.

Buyan mine
- Adjacent (pretty much) to T Tolgoi

Rail line from Tavan Tolgoi to Chines border is expected to be completed in the next 4-5years by players other than HUNNU. Leighton is involved in that. Tsant Uul is close to this rail line and 200km from Chinese border. The Buyan project timeline is for completion about the same time aas the rail network.

---> The govt. is trying to be responsible and stable + encourage investment and a fair operating envronment. For coal, royalties are 5% of revenue leaving Mongolia, 2% for domestic sales.

- Corporate tax is 10% on profits, and then a 15% marginal rate kicks in for revenue over $300 million USD. That's 25% total, still less than Australia.

- Hunnu and most other mining projects in Mongolia such as copper, gold and even iron ore are south of the country next to China. So HUNNU ineviutably benefits from infrastructure on it's doorstep.

As you can see it is exciting times for HUNNU, which is a long-term prospect. It is the best performing IPO atm and you can why. It is already a small scale producer with very early production opportunities. It has thermal and coking coal. It has future access to infrastructure (potentially) at a time when it's assets will be developed. It has the only customer it needs to succeed right on it's doorstep.

Look for this stock to trade to $2.00 within the next 6 months if exploration updates are good and JORC happens.

Long term this stock is GOLD!!!