Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

You have all the tools to figure out their price. I take 40% off the current price/average...which gives me a low number. The actual discounts are as follows:

2016...36% discount off average price of $120 and change

2015...30% discount off average price of $90

2014...30% discount off average price of $116 and change

2013...34% discount off average price of $147 and change

Those are facts supported by actual numbers provided by their own filings et al.

MMC's pricing is where it has always been. Compare to other co's based in Mongolia.

With regards to other..:

1. Missed Q1 guidance of 900k-1M tons because of time spread between Lunar New Year celebrations.

I should have taken that into consideration....but my numbers are always lower.....so if I had of.....it wouls have been extremely low..ha!

2. May is looking like 400-450k tons, so Q2 might come in at 1.3MT and Q3 might come in a little higher. You and I know both know that this means they'll probably do around 0.9-1MT in both of those quarters. I'd personally expect mid-to-high 3's in sales volume for 2017.

You left out April......and this is where I want to bring this up from what I read the other day...http://in.reuters.com/article/column-russell-china-idINL4N1I51II

COLUMN-China's coal imports take temporary hit from Australian cyclone: Russell

Major coking coal exporters also appeared slow to respond to the loss of Australian shipments, with the vessel-tracking data showing Canada boosted exports to China by 17.6 percent in April from March to 1.27 million tonnes.

That is/was very interesting......and this is where I am chewing up on that popcorn.and waiting...here:

What the data doesn't show is coal arriving in China via rail and truck from neighbouring Mongolia, another major source of imported coking coal.

Chinese customs figures for April will be available around the third week of May, but in the first quarter imports from Mongolia jumped 113.5 percent from the same period in 2016 to 8.14 million tonnes, which actually made the landlocked country the second-biggest supplier behind Australia and put it ahead of Indonesia in the first three months of 2017

????.........did they fill a void?....I have no idea. Refer to ..:

POSCO says Q1 profit doubled, but braces for coking coal cost hit from Cyclone Debbie

The world's fourth-largest steelmaker said on Tuesday it has
suspended negotiations on contract benchmark prices for coking
coal - a vital raw ingredient in steelmaking - due to a hike in
spot prices since the end-March cyclone lashed Queensland, the
world's largest coking coal export region.

But the firm said it now expects contract benchmark prices
for coking coal to reach more than $200 a tonne in the second
quarter. Before Cyclone Debbie hit, POSCO had forecast contract
benchmark prices would be about $150-170 a tonne for April-June.

ref:http://www.nasdaq.com/article/posco-says-q1-profit-doubled-but-braces-for-coking-coal-cost-hit-from-cyclone-debbie-20170418-00063

....and they were correct...and their forecast is so far dead on...but we will see.

With regards to the yield...I'll stick to 50...

With regards to thermal...far out!


Need to see if they helped filling that void in April...or will it fall in line like the rest.....I am expecting a possible surprise....yet.....only possible.