RE: YES!! Yes indeed. Mongolia wanted Torquise Hill to source their power from Mongolia. Currently, Torquise Hill is being allowed to get power from China but they were limited to four years before they are required to source power from Mongolia.
Chandgana could be the idea solution for the Mongolian Government, Torquise Hill, and Prophecy Power Authority. It is a win-win-win situation all around.
In addition, I also like this statement in the news release:
One interested IPP enterprise has established an office in Mongolia, and is collaborating with Prophecy on the Power Project's technical and commercial aspects. Joint development discussions on the Power Project are actively on-going with a number of IPP enterprises.