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cleverrox

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cleverrox

Re: cleverrox post# 11

Wednesday, 06/11/2008 10:20:17 PM

Wednesday, June 11, 2008 10:20:17 PM

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I'm going to say this Mongolian venture for AYSI is a very good thing.

1) They probably have guarantee of business from some of their clients in Australia - a bunch of them are in Mongolia too
2) Logistics being handled by a joint venture is a smart thing - it isn't their area of expertise
3) The mills haven't been very capital intensive so far - so I don't think there will be much capital at stake here
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