RE: Will PCY ever be a power company? Why is the market SO sure PCY will never be a power company ?
1) Political issues with Mongolia (nationalism, corruption) 2) Failure to get financing
those are pretty good reasons also about a month ago ...
" Until an NI 43-101 economic assessment is prepared for the Chandgana coal deposit which estimates a mine's capital costs and the operating economics of coal production for power plant use, no meaningful feasibility study can be prepared in connection with the power plant. "
I think that 43 101 compliant + PPA = ??? market ???