---------- Forwarded message ----------
From: Dale Choi, Frontier Securities <email@example.com>
Date: Wed, Jul 7, 2010 at 7:41 AM
Subject: APPROVAL OF TT RESOLUTION IS EXPECTED ON JULY 7, 2010 3PM UNITED SESSION OF PARLIAMENT
To: Frontier Staff <firstname.lastname@example.org>
Frontier Financial Markets Summary
Enclosed is your Frontier financial markets summary for July 6, 2010 featuring our update on developments on Tavantolgoi .
For complete Mongolian financial markets information, please download our attached summary.
As always, if you have any feedback, suggestions or comments that you would like share with us please drop me a line at email@example.com
APPROVAL OF TT RESOLUTION IS EXPECTED ON
JULY 7, 2010 3PM UNITED SESSION OF PARLIAMENT
According to leading Mongolian news portal news.mn,” on July 6,2010 meeting of Economic Standing Committee of Parliament of Mongolia,after final reading of draft Parliament resolution on some issues in mining Tavantolgoi deposit it has been decided by majority to introduce it to united session of Parliament.
During discussions, Chairman of the Committee has said it is not possible to include criticism of MP J.Batsuuri (Dornogobi province, MPRP) who criticized that if all 35 thousand registered enterprises are to get Tavantolgoi shares then there would be dependency from one mine.
United session of Parliament is announced for 3pm Ulaanbaatar time, July 7, 2010.
First issue to be discussed by united session is draft resolution on Tavantolgoi and approval is expected. Although Members of the Cabinet criticize that the Government draft has been changed 100 per cent, two ruling parties Caucuses support it.”
By Dale Choi(Erdenedalai Choinkhor), Editor/Analyst(firstname.lastname@example.org) (Source: news.mn, photo of Parliament session from Parliament Media,texts in italic within the parenthesis are clarifications and comments by Frontier Securities)
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