There are many things which are favourable in this particular play, all which may lead to a top class coal project or even multiple ones.
Location - Mongolia (need I say no more)
Proximity to successful projects - HUN
Celtic Capital - one of the major share holders have backed great success stories in HUNNU, VOYAGER, AVANCO etc.
Further prospects - Mongolia has a lot to offer and with the right management and backing, other assets may be located and explored with a lot of potential.
It just appears to tick all the boxes for a successful story.
Remember to DYOR
ROB Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Not Held
