RE:J.Lee & coal projectjust received a reply from Lee reg. coal in Mongolia:...
"mongolia coal is sold into China mongolia is cash flow positive
we will have news on mongolia, after management able to travel there to verify, right now lockdown"
ELEF has in Mongolia 200M t M&I (5000kcal/kg). The mine UO being operated by the Lessee for $2/t royalty. Coal price at "China border" - 123USD/t ( Datong)
https://www.sxcoal.com/?lang=en
here is last old news from 2019
https://www.silverelef.com/prophecy-announces-ulaan-ovoo-mine-start-and-coal-sales-in-mongolia/