RE:RE:bankruptcy incoming? i agree that coal project in Mongolia should be Lee's top priority.
2011 at $150p.t thermal coal price ELEF had $120m mc. Now at $350 - $14 ( 204m o.z. AgEq silver not included at all)
Once the construction of the road to Tushing checkpoint is finished ( this year? ..... being constructed currently -
https://www.montsame.mn/en/read/292528),permit and finaincing ( $5-10m) for a dum deriving Zelter river are done, ELEF with only coal assets in Mongolia could be in a range of $120-150m mc - potential 10 bagger from the current price level, and based only on coal.
by the year end the coal asset is going to be spun off.
will see