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TMK have finished with the rig and on its way to Velociraptor. Exciting times ahead.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02670866-6A1152127?access_token=83ff96335c2d45a094df02a206a39ff4
Rio Tinto and the Mongolian government have put past tensions behind them with the start of production from the high-grade underground mine at the Oyu Tolgoi copper and gold project in Mongolia.
Located in the South Gobi desert, the $US7.06 billion ($10.6b) project holds one of the largest known copper and gold deposits in the world and is expected to be a significant contributor to the country and energy transition for half a century or more.
The project is a joint venture between the Government of Mongolia, which has a 34 per cent stake, and Rio Tinto, which increased its holding to 66 per cent late last year after a long and expensive takeover battle to acquire full ownership of Canadian copper miner Turquoise Hill for $US3.3b.
After 13 years here waiting going to add again another 250k.
Just get the feeling things may move on the back of upcoming news.
They should now have 12mil to play with and once Heron up and running may not need another raise.
Goodluck LTH's
Some nice big buys rewards coming maybe late Feb/ early March before we hear anything concrete.
Just hang in there boys. Been holding on for 12 years so can wait just that bit more.
Been topping up and topping up while looking at private islands.com