RE: Holy Cow the PPA should follow very quickly, my guess is as soon as next week, would be nice if they unveiled this project before the Energy show on the 24th-26th of May in Mongolia. The thought here would be the fabulous news for the Government of Mongolia. The government is well aware ofthe construction timeline for this project.
Tarrifs were long teedious in the making, this is one aspect behind us now. It still amazes me that we ever traded below .14 cents as the latest investor in Mongolia bought..
We should finally be trading "on our own" rather than "as OT with Rio Tinrto goes" Mongolia sure stepped in the doggy dodo last over the last year with their stupid FDI law, that they now re adjusted, and messing with Rio over the mega mine that will make every mongolian a millionare in about 10-15 years. As a country, they are coming around, finally, to the worldly thinking on globalization.
how about we guess on the PPA date...the previous post says 3 months, with how long this ordeal has taken...that could happen...but would mess up our construction plan.
Beyond the PPA date of signing, we really will grt a great look at the overall numbers of the costs of construction, loan packages, the EPC wating in the wings, the partner(this is what could be a Major world player) and take a real close look at what our profit margin will be looking a few years. we are on the brink of great news....stay tuned all, the ride in the next few weeks/months will be fun!!