I think you misread that. Look at this chart:
Refer to the 11-26-2014 ex date--3 for 2
Given that ex date....first major fat exit target is around .50 cents. You could very well see USD 1 though and higher.
note*
In October of 2010 it did an IPO at HK$7.02
Coking coal prices are at a five year high
2012 Coking coal price relative to pre dividend and share price
Tavan Tolgoi was not part of the equation then...it is now!
My point is that you never want to completely walk away fro this...adjust to your benefit through out.....but do not walk away.
This is what I read regarding said blogger though:
A little high....but maybe not. Mongolia is another Vietnam...only bigger in my opinion...given the value play and early start here.
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