RE: Mongolia Assets
Cincoagain,
You said that the East Asia mongolian assets are going to stay with East Asia Minerals. That is not correct.
From the news release:
"• East Asia Energy Corporation is to become a Mongolian mining and energy company. It will initially hold all of East Asia Minerals' Mongolian assets, which consist of early stage uranium and phosphate projects.
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What is different about the Mongolian assets is that there won't be a rights offering (private placement) to raise money for it. Current EAS shareholders may not get private placement opportunities for East Asia Energy Corporation but they still will get a dividend in kind for East Asia Energy shares.
TC