Potential alternate scenarios playing out- lookingLet's assume that the lack of comment / news from KRI management means that they have halted further expenditure and development on Dornod prior to the Mongolian gov't decision on mining laws / foreign investment. Cash is therefore preserved and burn is at a minimum.
Scenario 1- Mongolian mining laws are deemed unfair and unreasonable. Khan pulls out of Mongoila and abandons their asset. How much cash per share do they still have that the can go re-invent themsleves with elsewhere? What odds would you give this assumption on a scale of 1-10?
Scenario 2-Khan determines that it is no longer desireable to be in Mongolia either after or before the mining laws determined and attempts to sell their Dornod asset to the Russians or another party. How much do you think they could get for it? Do you think they could sell it? How much cash per share with the company have under this scenario?
What do you think the odds are that this could happen on scale of 1-10?
Scenario 3-The new mining laws are not great but tolerable (51% of the deposit to the gov't) and Khan moves ahead with Dornod. Where does the stock price go. Odds on a scale of 1-10?
Thanks to anyone who replies.
Ash