Mongolia may well be stealthily squeezing PM out of the picture, but if it happens then IMO that would be the end of any external investment in their country for many years.
The last RNS stated that cash will start to flow in February. IMO this will be the first significant milestone in the PM journey since they discovered oil in 2019.
Since August 2024 there have been 11 RNS announcements. Everyone had a negative impact on the sp. Here is thought let's stop requesting an RNS every 5 minutes and let it run its course!