RE: RE: Election or shipment? I understand your sentiment as in what is another day of this nonsense, but I look at it a different way.
The way it looks to me, in fact every day we continue down this road of persistent tension and dissatisfaction out of Mongolia is vitally important because it daily reminds the market, potential investors, the world in fact, that Mongolians are not ready to accept that in the global marketplace there are accepted and established modes of behaviour and reliability from participants. The simple concept of the assignment of risk and mutual agreement on the variable potential outcomes in the future operation of a commercial contract is key. A deal is a deal - the parties are not assured of anything except their mutual promises - it may turn out well or badly for them, but after they have agreed, they must stand by their bargain or they are an unreliable business partner.
Which is why to our Western ears the bleating of the Donks about budget changes and costs is ridiculous - we don't live in a global planned economy where prices, interest rates, exchange rates, supply and demand of commodities are fixed by some Stalinist central planners. It is a free market system. Every transaction is in part a bet on price movement expected in the future. There is no promise OT will be profitable. There is no promise construction prices will rise or fall. There is no promise copper will be in demand in five years as it is today.
I'm sick of these shifty, complaining DONKS, the culture of entitlement during constant times of need and shortage (while their fellow poor citizens suffer a terrible standard of living) and their idiotic Communist ispired rhetoric. If they had not been such fools for so long getting OT negotiated, the money would be flowing into Mongolia today to their distinct advantage. Bahhhh.
cg