Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

He's correct though..eh? On another note....what ever "water rights" information I read previously must have confused the hell out of me. From the JPL:

The Consortium must, within 2.5 years of being granted the licence, expand coal processing capacity in TT region
to at least 30mt of coal per year and sell the produced coal into at least two foreign markets. The fact that the
Group already has facilities with coal processing capacity of 15mt per year near the UHG mine places it in an
advantageous position as it is able to leverage the same facilities for the TT mine, given that the UHG and the TT
mines are adjacent to each other

I have read that JPL numerous times in the past(as the update)....feel like an idiot...look here:

The first and second modules of the CHPP commenced commercial operations in June 2011 and February 2012, respectively. MMC’s total name plate ROM coal processing capacity reached 15 Mtpa by the successful commissioning of the plant’s third module in June 2013.

ref: http://www.mmc.mn/projects-coal.html

...and here...

http://en.mongolianminingjournal.com/content/16752.shtml

Pretty obvious with regards to time frame.