Just watched a CNN report on Mongolia and it outlined the the dependence Mongolia has on China and Russia for Power and Gas. One comment was "China and Russia could turn off supply chain instantanly" So if Jade Gas planned drills confirms the existence of significant quantities of Gas then the company will become a critical asset for Mongolia. So if the gas is confirmed then the company is significantly undervalues and could be a takeover target.
JGH Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
