Maybe thats how The Cat in The Hat would describe it?
Ms Rinehart has entered some virgin territory by taking some stakes in 2 Mongolian Coal plays.
Mongolia's coalmining industry has grown rapidly in recent years on the back of a number of substantial discoveries, with the country's proximity to China meaning it is set to become one of the world's biggest exporters of coal.
The share registry search results show that Mrs Rinehart in September bought 812,681 shares in Guildford, representing a 0.19 per cent interest in the company. In October, she bought almost 4.4 million shares, or 0.7 per cent, of Aspire Mining.
http://www.theaustralian.com.au/business/mining-energy
Not much in the scheme of things, but its still a small tick against Mongolia!
SF
Maybe thats how The Cat in The Hat would describe it?Ms Rinehart...
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Mkt cap ! $2.954M | |||
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