Cannot agree more. We, TPD, have been in a very slow decline for the last month and no news from TMK re Mongolia, and other factors.
IMHO the Chinese full understand the potential upside of this project and will try everything to ensure their best possible outcome.
A stronghold for them, in the Gobi Desert will ensure a long term supply of gas in the foreseeable future.
Remember we are talking about companies worth Approximately $100 million AU vs. Pertro at $1 trillion US. they can play this anyway they want.
This will basically come down to what the Mongolian government want as an outcome and hopefully they play fairly.
Anyway it will be an interesting week on all fronts!
GLAH
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