RE:RE:financial resultsGreat points by Countrygent.
Technology and finances from the West and I believe 14,000 workers - over 95% being Mongolian and many being trained for longterm employment. This is good and the government does not recognize this yet? The whole slowdown is the mentality of the Mongolian government bureaucrats trying to "milk" every last nickel they think they can get. They do not understand that markets are cyclical and if there is a downturn the whole place could shutdown. Nobody has taught these top officials that it is better to "milk" the market upturn, not your partners?
This is a legacy project with still massive exploration potential while producting.
The insanity of the human brain i.e. the sins of envy and greed and maybe even feelings of "spite" are interfering with rational common sense as to what would benefit the country and the people and us shareholders.
The shares are more than massively undervalued based on the fear of an irrational government decision. This happens in the West all the time these days because of emotionally driven environmentalists so the market is showing just how nervous the investor is in a Thrid World situation.
It is a Bhuddist country and it seems the pleasant, cooperative thoughts of Buddha have gone on vacation. Vacation time is over.