RE:Excellent analysis from Mongolia Focus worth reading.
Looks like some in the GOM may be waking up and getting the cob webs out of between the ears. Western governments focus on royalties and taxes over resource ownership for good reasons. It leaves the ups and down of the resource business to the private sector while ensuring a source of more stable revenue for the government. While profits can got to zero and less than zero, as long as the resources are being produced, taxes and royalties although variable, will be paid.
As the games continue.