Don't expect a quick move when it comes it will be relatively precipitate. It's clear China is desperately in need of something to protect it's currency and bond yields which are plummeting. Having an operation in Mongolia that they can control fits the bill down to a T (if not a TNote).
Don't know if I said they published an article in the SCMP (South China Morning Post) saying they had found a huge gold mine in Easter China. It was actually an existing mine and details on some potential resource extensions. Now why would they publish something like that unless they were desperate? (They've said the same about oil).
Khmargatai is closer to the real thing and they need to get it for the best possible price. It's got to be better than developing high-speed rail in Pakistan that the locals can't pay for and so blow Chinese engineers up. Or the J20 fighters previous buyers like Bangladesh want their money back on. Then therese a host of Belt and Road projects, like Himabli Port (Sri- Lanka) people have been cheated on and are going broke.
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