Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

Put that together with this:

Bking Wednesday, 04/11/18 03:40:37 PM
Post # of 818

Great news!

On April 04/10/2018, MMC signed a 5 year contract with Jiayou International ( SHA:603871) and China Shenhua to supply 3mn ton HCC and 1mn ton HCC byproduct annually.

Note that for 2017, MMC sold ~3.6mn ton HCC. Now they secured another 3mn ton contract just with one party..

This is huge for MMC.

.and....:

Ponch73 Wednesday, 04/11/18 07:19:37 PM
Re: Bking post# 804 0
Post # of 818

How are they going to get that much coal across the border? Do Jiayou or Shenhua have any pull with Chinese border control?

...and the answer is(at least part of)...:

Ulaanbaatar /MONTSAME/ Erdenes Mongol LLC reports that Chinese side has added entrance lanes starting from April 16, enabling coal trucks to cross the Gants mod border checkpoint through three gates.

Previously, 1-2 lanes were operational and as a result of Prime Minister’s visit to China last week, Chinese part is taking measure to intensify coal transportation. The three gates allow 1100 vehicles to cross the border daily.

When the Prime Minister worked in the border checkpoint on April 13, there was 22 km long queue of coal trucks there.

150 trucks of border trade, 200 trucks of copper concentrate (Oyu Tolgoi LLC) and almost 120 trucks of coal cross the Gashuunsukhait and Gantsmod border checkpoints a day. Total of 138 thousand passengers, 18 thousand vehicles crossed the border in the first quarter of this year.

Improvement of entrance capacity of the checkpoint will bring positive influence to income of coal exporters such as Erdenes Tavan Tolgoi, Energy Resources, Tavan Tolgoi and their partner transportation companies.

....pretty cool..eh?.....but again...where is the fn' rail!!!!!!!!