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According to major Mongolian media house Eagle, CEO of Erdenes OT D.Ganbold has said • regarding project finance, " updated version of feasibility study will come in May-June of this year and then work will continue further" • regarding OT investment " until 2016 every year on average generally US$1.5 billion will be invested " • regarding reports of surface water overflowing in OT deep well and disrupting production, " soil water appearance happens many times actually, but I have not heard of it happening in OT underground mine. Work is proceeding there. there is issue to be resolved on price tariff for deep underground water necessary for the underground mine with participation of Ministry of Environment and South Gobi provincial administration and it will be resolved according related norms of law of our country"