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FEO will commence trading 8am (UB) December 15
FeOre aims for first rail haulage of Mongolian iron ore within two years, admitted to the ASX
December 14 (Proactive Investors) FeOre (ASX: FEO), a Mongolia-focused iron ore explorer, has been admitted to the ASX today following a successful initial public offer of up to 140 million shares at A$0.25 to raise up to $35 million.
The company will have just over 200 million shares on issue when it hits the ASX boards at 11am (AEDT) tomorrow, Thursday 15 December.
FeOre will use the funds raised from the IPO for exploration and development of the 108.7 million tonne Ereeny iron ore project, located 60 kilometres from the major trans Mongolian railway line between Russia and China.
The Ereeny Project covers approximately 3.26 square kilometres and extends to depths of over 400 metres. It has an Indicated JORC Resource of 57.3 million tonnes and an Inferred JORC Resource of 51.4 million tonnes.
The company is targeting the first rail haulage of iron ore from the project for sale within 24 months of its listing on the ASX.
Importantly, FeOre is in an ideal position to meet its goal having entered into a 10 year offtake agreement and a 10 year logistics agreement with China Railway Group subsidiary CRMI.
Through these two agreements CRMI has agreed to both transport and purchase FeOre's iron ore product.
Ivanhoe plunges after Rio shows little interest in full takeover
December 13 (Financial Post) Rio Tinto Ltd. faces a bill that is likely in the billions of dollars if it wants to take control of Ivanhoe Mines Ltd. (TSX:IVN, NYSE:IVN), even after it won a key arbitration ruling.
Ivanhoe shares fell 22% Tuesday after the long-running arbitration case was settled in Rio's favour. The ruling prevents Rio's 49% stake in Ivanhoe from being diluted if Ivanhoe receives a takeover bid and its shareholder rights plan is triggered.
After the ruling, Rio hinted it may buy enough Ivanhoe shares to get more than 50% without bidding for the whole company, a scenario that spooked investors. Rio will have the opportunity to do so once a standstill agreement between the two firms expires Jan. 18.
However, it would not come cheap.
While the arbitration ruling protects Rio Tinto's anti-dilution rights for its 49% stake, it does not strike down Ivanhoe's shareholder rights plan. If Rio Tinto buys more Ivanhoe shares, the plan would be triggered and new shares would be issued. Ivanhoe shareholders would have the right to buy 10 shares for every one they own at half price. Rio Tinto would then have to buy enough of the issue to get a majority stake in Ivanhoe.
Depending on how many investors bought stock under the rights plan, the bill for Rio Tinto could be extremely high. Sources close to both companies said it would likely amount to billions of dollars. "It would be an expensive exercise," one source said.
Rio still seems to prefer that option to an outright takeover. On Tuesday, the company said it "currently has no intention" of bidding for all of Ivanhoe, though it left the option open for the future. In the meantime, Rio's advisors will be working hard to determine how much it would cost the company to boost its Ivanhoe stake over 50%.
With no guarantee that the price will be worth the investment, it is possible that the dysfunctional relationship between Ivanhoe and Rio could continue for some time. The Ivanhoe shareholder rights plan is not set to expire until April 2013, and it could be renewed.
Despite the ongoing tension around Rio's 49% stake in Ivanhoe, the two companies continue to work together to develop the massive Oyu Tolgoi copper-gold mine in Mongolia. After many setbacks and delays, the mine is expected to enter commercial production in 2013.
Under the current ownership structure, Ivanhoe owns 66% of Oyu Tolgoi and Rio Tinto owns 49% of Ivanhoe. However, Rio has made no secret of the fact that it wants a direct ownership stake in the project.
Ivanhoe stock has always traded at a high valuation, as investors trusted chief executive Robert Friedland to fetch a huge takeover premium for Oyu Tolgoi (as he has done with other assets). After the arbitration ruling, investors are much less confident it will happen. "It totally removes the takeover premium," said John Stephenson, senior vice-president and portfolio manager at First Asset Investment Management.
Investors also have little confidence that an outside company will make a bid for Ivanhoe, since Rio's stake is a natural deterrent. Rio also has a right of first offer that is in effect until October of next year.
Ivanhoe Mines Ltd (IVN) Shares Downgraded to a "Hold" Rating by TD Newcrest Analysts
December 13 (LUSA) Ivanhoe Mines Ltd (NYSE: IVN) was downgraded by equities research analysts at TD Newcrest from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday.
Separately, analysts at BMO Capital Markets upgraded shares of Ivanhoe Mines Ltd from a "market perform" rating to an "outperform" rating in a research note to investors on Wednesday, September 28th. They now have a $24.00 price target on the stock, down previously from $28.00. Also, analysts at Credit Suisse (NYSE: CS) upgraded shares of Ivanhoe Mines Ltd from a "neutral" rating to an "outperform" rating in a research note to investors on Tuesday, September 27th.
Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company's principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The Company also has two subsidiaries, through which it holds interests in coal resource properties in Mongolia, and molybdenum, rhenium, copper, gold and uranium resource properties in Australia. Its subsidiary, SouthGobi Energy Resources Ltd. (SGQ), owns and operates the Ovoot Tolgoi Coal Project located in Mongolia. The Company’s subsidiary, Ivanhoe Australia Limited (Ivanhoe Australia), owns the Cloncurry Project located in Queensland, Australia. IVN also holds interests in several other mineral resource projects in Asia, including a 50% interest in the Kyzyl Shear Project, located in Kazakhstan, through a shareholding in Altynalmas Gold Ltd. (Altynalmas Gold).
Shares of Ivanhoe Mines Ltd traded down 15.70% during mid-day trading on Tuesday, hitting $17.45. Ivanhoe Mines Ltd has a 52 week low of $12.11 and a 52 week high of $29.29. The stock's 50-day moving average is $20.43 and its 200-day moving average is $21.2. The company has a market cap of $12.894 billion.
Rio Tinto Doesn't Plan Ivanhoe Bid After Arbitration Ruling
Dec. 13 (Bloomberg) -- Rio Tinto Group, the world's third- biggest mining company, said it won't seek full control of Mongolian project partner Ivanhoe Mines Ltd. after an arbitrator ruled in its favor in a shareholding dispute.
Rio said today it may seek to boost its Ivanhoe stake to a "majority position" after the expiry of a Jan. 18 deadline, without any plans for a full takeover bid. Ivanhoe, 49 percent owned by London-based Rio, slumped as much as 17 percent in Toronto trading.
Ivanhoe may now rush to lure rival bidders for the 51 percent of the company not owned by Rio before the bar on Rio buying shares in the market expires, Macquarie Group Ltd. said. At stake is control of one of the world's largest untapped copper and gold deposits in Mongolia that Rio estimates will cost about $6 billion to build and has been forecast to make up one-third of Mongolia's economy by 2020.
"We believe Ivanhoe will rapidly seek to maximize competitive tension in terms of potential bids for the remaining 51 percent," Lee Bowers, a Macquarie analyst based in Sydney, wrote in a report today. "Whether there is a credible bidder ready to move on such a time-frame at a sufficiently definitive price is the key question.'
Ivanhoe fell 22 percent to C$16.56 in Toronto, the biggest decline since October 2008. Rio advanced 2.1 percent to 3,185 pence in London.
Future Intention
The independent arbitrator's ruling means that from Jan. 19 Rio will be able to buy Ivanhoe stock without being diluted by the Vancouver-based company's shareholder rights plan, Rio said. ''Rio Tinto reserves the right to change its intention in the future," it said today of its decision not to pursue a bid.
Ivanhoe said today that the company and its legal team continue to evaluate the implications of the arbitrator's decision.
Rio is now unlikely to seek a takeover of Ivanhoe, valued at about $15 billion, following the ruling, analysts at Credit Suisse Group AG and Macquarie said before the company's statement.
"We understand that Rio Tinto has no current intention of making a full takeover bid," Bowers said. Rio has first right of refusal on any new issue of Ivanhoe shares as well as the sale of Ivanhoe's stake in the Oyu Tolgoi asset, Macquarie said.
The arbitrator also decided in favor of Rio in a dispute in which Ivanhoe claimed Rio broke covenants in the 2006 agreement not to engage in activities without Ivanhoe's permission that could affect control of Ivanhoe.
No Rio Breach
Rio said in a regulatory filing last year that Aluminum Corp. of China, that country's biggest aluminum producer, indicated an interest in acquiring a minority stake in Ivanhoe or in the Oyu Tolgoi project. Chinalco, as the Chinese company is also known, is Rio's biggest investor.
Rio was found not to have breached its obligations, Ivanhoe said yesterday. Ivanhoe's shareholders' rights plan may remain in effect until its scheduled expiry in April 2013, the Vancouver-based company said.
The purpose of Ivanhoe's shareholder rights plan, adopted by the board of directors in April 2010, "was to protect all shareholders, while allowing takeover bids that are made to all shareholders and that satisfy certain conditions," it said in the statement.
Related:
Entree Gold Provides Update on Arbitration Between Rio Tinto and Ivanhoe Mines – Marketwire, December 13
Ivanhoe Mines Evaluating Implications of Arbitration Decision on Company's Shareholders' Rights Plan – Marketwire, December 13
CEO: CAPITAL RAISING AND MONGOLIAN COAL LICENCE ACQUISITION
December 13 -- C @ Limited (ASX: CEO, or the Company) is pleased to announce that it has completed the issue of 34,000,000 shares under the priority and general share offers to raise a total of $17,000,000.
In accordance with the terms of the Share Sale Agreement dated 26 October 2011, the Company has remitted a payment of US$7,670,000 to Peabody-Winsway Resources LLC as consideration for the acquisition of BDBL LLC, a Mongolian company which owns eight highly prospective Mongolian coal licences located in the Ovorhangay and South Gobi provinces. Further details regarding the acquisition and the licences are set out in the Company's prospectus dated 9 November 2011.
As approved by shareholders at the Annual General Meeting on 30 November 2011, the Company has also issued a total of 2,950,000 options and 500,000 performance rights. An appendix 3B for the capital raising shares, options and performance rights follows this announcement.
Coal Mongolia 2012 Broadcasting on Bloomberg TV
December 13 (Coal Mongolia 2012) "Coal-Mongolia 2012" Conference has officially been broadcast on Bloomberg TV and placed on Bloomberg.com site today.
The coal industry of Mongolia, having recently attracted significant amounts of foreign direct investment, has become a true catalyst and driving engine of the country's booming economy.
According to international analysts, Mongolia has coal resources exceeding 100 billion tons, and its annual production levels are expected to increase incrementally, reaching 40-60 million tons in coming years, with a potential to reach 100 million tons per annum.
At this critical juncture of the industry's development, 'Coal Mongolia', a premium investment forum of the industry, is being organized for the second time, featuring this time advanced coverage and substance.
"Coal Mongolia-2012", involving over 1000 participants, shall take place in Ulaanbaatar city on February 9th and 10th of 2012. Over 100 companies will exhibit and their preparations are underway.
Thus far, companies such as Mongolia Energy Corporation, Gemcom Software Australia Inc, Mongolian Mining Corporation, Gobi Coal and Energy, Baganuur JSC, Caterpillar, Wagner Asia Equipment, Wirtgen Group, Prophecy Resources (Red Hill Energy), Monnis International, Trade and Development Bank of Mongolia, have pledged their support for the event.
It should be noted that confirmed is a total of 23 prominent presenters, and this includes the Minister of Mineral Resources and Energy D. Zorigt, the Minister of Road, Transportation, Construction and Urban Development Kh. Battulga.
Link to Coal Mongolia 2012 website
B.Batjargal: Development Bank to finance railroad projects first
December 14 (news.mn) B.Batjargal, the head of the Budget Policy Board of the Finance Ministry and the head of the Representative Managing Council of the Development Bank (DB), answered our correspondent's questions about the DB's recent activity.
Q: The DB announced a bond issue last week. Why did the DB decide to issue the bonds at this time?
A: Foreign investors have favorable opinions of Mongolia, however global financial markets have not been favorable. The DB is planning to issue bonds worth USD 600 million by the end of the year and next year in phases. This means that Mongolia is issuing debt documents with low rates in comparison to similar countries.
The DB also has rights to issue bonds worth USD 20 million after signing of a contract last week.
Q: When will the USD 20 million be issued to the DB?
A: USD 20 million came in to the DB last Friday from ING Group. This is a big indicator because the DB has begun its activity with the Government guarantee on the international market in a short period of time.
Q: Why will the capital be allocated to the railway sector first? There are some projects, such as the "100,000 Apartments" program, still waiting for financing.
A: Railway is basic infrastructure and we should build it in the first step. Then we can build a power plant, big processing factories, and apartments. It's the right plan.
The Government has asked the DB to finance new railway projects in 2011. That is why USD 20 million will finance railway construction. In this case Mongolia can sell mining products on the international market at competitive prices.
Railway construction needs a total of USD 5 billion, and USD 55 million will be financed at first, according to the plan. Railways from Dalanzadgad to Tavantolgoi and Zuunbayan, from Sainshand to Baruun-Urt and Choibalsan will be started in the first phase.
Contracts between the new railway project and 30 companies are currently held. The contracts cost USD 31.8 billion and the DB will finance them and monitor implementation.
Q: What sector will be financed next?
A: The next projects are Sainshand Industrial Complex and New Creation. But projects can not be financed directly. Projects that meet technical and economic requirements at the international level will be financed. The DB will finance projects that support economic growth, reduce foreign trade loss, increase investment profit, and generate new jobs.
Q: The DB was supposed to issue MNT 800 billion in bonds in 2011 but never did. What about that?
A: The DB had planned to issue MNT 800 billion in 2011 and it has issued MNT 300 billion so far. I agree that the DB is still inexperienced. The DB will issue a guarantee of MNT 1.5 trillion in 2012. Also we have planned the DB fund of MNT 33 billion in 2012. Then the DB could raise a financial fund of MNT 2.2 trillion next year.
U.Enkhtuvshin: Draft election law should pass soon
December 14 (news.mn) MPP caucus chairman U.Enkhtuvshin concurs with his DP counterpart that the two caucuses are close to an agreement on the last outstanding issue of the draft election law.
The issue concerns the minimum percentage of the vote a candidate must receive before he or she is transferred from a seat that represents an electoral district to an at-large seat in Parliament.
"If the two caucuses agree," U.Enkhtuvshin said, "a draft election law will be passed soon."
The DP and MPP caucuses have agreed to a 48-28 arrangement in Parliament. But the MPP believes that only candidates who win at least 45 percent of the vote in the 48 majority electoral districts should be transferred to the 28 at-large seats.
Related: Ch.Saikhanbileg: MPP and DP caucuses close to agreement – news.mn, December 14
Chinese locomotives exported to Mongolia
December 12 (Railway Gazette) MONGOLIA: CNR Dalian has completed five 1520 mm gauge diesel locomotives for export to Mongolia, its second delivery to the country.
They have 16V240ZJD engines rated at 2940 kW, and feature air-conditioning and a toilet for crew comfort.
Mongolian-made bus makes its debut
December 13 (news.mn) On Tuesday, Ulaanbaatar city officials received the first bus designed by Mongolian engineers. The JT 1BV bus was manufactured by Erdu LLC and Mongolian Electric Transportation. After two days of testing, it will be licensed for public transportation.
The bus has 28 seats. It burns less fuel and emits less pollution than other buses.
The Public Transportation Office will determine what routes the new bus will run.
Erdu LLC officials say the company will produce 100 to 120 buses annually after its factory is completed next March.
Speaker D.Demberel meets with officials in Japan
December 13 (news.mn) Speaker D.Demberel is visiting Japan at the invitation of the Speaker of Japan's House of Councilors. He visited the cities of Kyoto and Hiroshima and met with the speaker, K.Hirata, on Monday.
K.Hirata thanked the Mongolian people for their assistance after Japan was hit by an earthquake and tsunami last March.
Also on Monday, D.Demberel met with the speaker of Japan's House of Representatives, T.Yokomichi, who suggested the two nations cooperate on a strategic partnership soon. The two sides agreed that parliamentary relations between the two countries should develop at a high level.
Japanese officials expressed their belief that Japan would participate in the Tavantolgoi investment agreement, and D.Demberel stated that Mongolia's parliament would approve the agreement. He also said that Mongolia supports Japan's request to become a permanent member of the UN Security Council and requested that Japan support Mongolia's requests to join ASEAN and APEC.
After meeting with the two speakers, D.Demberel toured the chamber of the House of Representatives.
MNT 34 billion in anti-pollution money goes unspent
December 13 (news.mn) The National Committee of Ulaanbaatar Air Pollution Reduction held its regular meeting on Monday and officials discussed implemented projects.
At the meeting, committee chairman D.Battulga and Mayor G.Munkhbayar reported that MNT 34 billion that was to be spent on anti-pollution projects was unspent and will be returned to the budget.
Fifteen projects for reducing air pollution are planned for next year, with MNT 105 billion allocated for implementation.
The next meeting of the committee will be held on January 10, 2012, at which specialists will report on the air pollution situation.
JAPANESE CONSTRUCTION COMPANY TO BUILD APARTMENT BUILDINGS IN ULAANBAATAR SOON
December 13 (InfoMongolia.com) The Keisei Masaki Construction Co. Ltd which is located in Hokkaido of Japan plans to start construction works in Mongolia soon, reported the Japanese paper "Nippon Keizai Shimbun" on December 13, 2011.
With the construction date starting from spring of 2012, the company aims to construct two apartment buildings for middle class communities in the capital city of Ulaanbaatar. To compete with other major Mongolian construction companies, Keisei Masaki set up its subsidiary company "Hoshi Mongol" in Mongolia in October 2011.
According to the company's plan, a 12 storey and 6 storey buildings with convenient centers in its will be constructed.
The company intends to sell a studio or one-room apartment at 2.5-3 million Japanese Yen or app. 32,000-38.500 USD. "As we have examined, the apartment blocks are high in demand as the middle class communities are on the rise in Mongolia", said "Keisei Masaki" company representative.
Also, the company considers that it has advantages over other overseas companies in terms of the experience of constructing buildings in cold weather conditions as Hokkaido has the same cold weather as Mongolia during the winter time.
BPC Banking Technologies inks deal with Golomt Bank, Mongolia
SmartVista to underpin the Bank's ATM network
Rotterdam, Netherlands, 13 December 2011 (BPC Banking Technologies) – BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, announced it has won a contract to supply a new ATM network management solution with the leading bank in Mongolia, Golomt Bank. The Bank is the largest player with the highest number of card merchants and the widest card acceptance in the Mongolian payments card sector and leads with a 60% market share of card transactions.
Following a comprehensive evaluation process Golomt Bank tapped BPC's SmartATM solution to manage its ATM network across the country. The Bank has achieved its leadership position by setting new standards in the local financial services industry, using new technologies and pioneering innovative, cost effective ways of expanding business and creating new products to benefit customers. As part of its ongoing program of using state-of-the-art technology and processes to enhance its service quality, efficiency and cost effectiveness, the Bank chose to implement a new ATM management system in cooperating with BPC Banking Technologies.
SmartATM is part of the SmartVista end-to-end e-payments suite and is a sophisticated ATM network management product. The new solution will allow Golomt Bank to significantly improve its ability to service and monitor its terminal networks. The Bank will also be able to introduce new services to its clients thanks to SmartATM's support for a wide range of standard ATM transactions including cash withdrawal, balance inquiries, PIN change, mini-statements, envelope cash deposit, and funds transfer. Value-added transaction services include cash-in, mobile telephone top-up, service activation and utility and bill payment. Extended ATM functions such as payment services, repayments, cash recycling, and currency conversion are also supported.
The solution will be integrated into the Bank's existing IT infrastructure providing a high-level of network resilience and a consequent improvement in customer service.
"As the pioneer of introducing MasterCard card and Visa card services in Mongolia, Golomt Bank has a strong focus on innovation in banking services and client satisfaction. We are looking forward to benefiting from our early mover advantage in the market and to strengthening our leadership position. SmartATM brings a wealth of state-of-the-art features and functions to deliver new services to our clients as well as providing us with a very effective platform to manage the network's operation," said Zorig Khaidar, Director of Card Management Center, Golomt Bank.
"As the ATM channel has grown increasingly important to banks, BPC created SmartATM – a sophisticated ATM network management system that allows clients effectively to service and monitor their ATM networks. We are proud to be working with such a progressive institution as Golomt Bank and are excited to raise the BPC flag over another new country," added Vasily Grigoriev, CEO, BPC Banking Technologies, "We are looking forward to building on this success to work with other banks in Mongolia".
Golomt Bank: Golomt Bank is Mongolia's largest bank in terms of Total Assets per 2010 audited accounts and manages 25.2% of the assets of the domestic banking system. The Bank is a pioneer within the Mongolian banking system introducing new products and services such as card services, IT, electronic banking, private banking and investment banking to the market. The Bank is the only bank selected by Amex and IATA as an exclusive partner in Mongolia after a comprehensive competitive evaluation. It is also only the Mongolian Bank enjoying direct Tier 2 equity related capital from leading commercial entities: Credit Suisse, Abu Dhabi Investment Council and Swiss Mo Investment AG. Golomt Bank has been recognized by the Banker and Euromoney (both are leading global financial magazines) as Mongolia's Bank of the Year 2011 in recognition of its role as the nation's leading bank. For more information, visit the Bank's website at http://www.golomtbank.com
Bodi Group to launch a new domestic carrier for Mongolia – Mongolian Airlines
December 13 (Centre for Aviation) Bodi Group, one of the largest corporate conglomerates in Mongolia, is launching Mongolian Airlines, a new domestic airline in Mongolia. The carrier, which appears to be affiliated with MIAT Mongolian Airlines, will compete with former MIAT subsidiary company Aero Mongolia (owned by Monnis Group) and Eznis Airways
(owned by Monnis Group). According to reports in the local media, an agreement on the establishment of the airline has been signed between Bodi Group and MIAT, enabling Bodi to ultimately benefit from the planned privatisation of MIAT in coming years.
Mongolia fleet breakdown for aircraft as at 12-Dec-2011
Source: CAPA – Centre for Aviation & OAG Fleet iNet
Mongolia – second smallest Asian aviation market
Eznis Airways celebrates five years of operation
Eznis Airways route network: Dec-2011
Aero Mongolia founded 10 years ago
Aero Mongolia network map: Dec-2011
Aero Mongolia international vs domestic capacity share: 12-Dec-2011 to 18-Dec-2011
Source: CAPA – Centre for Aviation & Innovata
Four international airlines operating into Mongolia
Mongolia capacity (international seats per week): 12-Dec-2011 to 18-Dec-2011
Source: CAPA – Centre for Aviation & Innovata
Mongolia capacity (international seats per week): 12-Dec-2011 to 18-Dec-2011
Source: CAPA – Centre for Aviation & Innovata
MIAT Mongolian Airlines operates an international-only network
MIAT Mongolian Airlines routes: 12-Dec-2011 to 18-Dec-2011
Source: CAPA – Centre for Aviation & Innovata
Source: MIAT Mongolian Airlines
Eznis Airway history and milestones
Table: Mongolia Related Stocks (Source: Bloomberg)
4,193.40 | -59.40 | -1.40% | 4,234.80 | 4,235.60 | 4,181.20 | - | 13-Dec | ||||||
8,552.81 | -101.01 | -1.17% | 8,535.52 | 8,594.32 | 8,518.80 | - | 13-Dec | ||||||
18,447.17 | -128.49 | -0.69% | 18,327.45 | 18,465.39 | 18,297.66 | - | 13-Dec | ||||||
5,490.15 | 62.29 | 1.15% | 5,427.86 | 5,525.96 | 5,413.70 | - | 13-Dec | ||||||
11,759.94 | -147.95 | -1.24% | 11,913.58 | 11,987.47 | 11,688.23 | - | 13-Dec | ||||||
1,225.73 | -10.74 | -0.87% | 1,236.83 | 1,249.86 | 1,219.43 | - | 13-Dec | ||||||
0.295 | -0.03 | -9.23% | 0.32 | 0.32 | 0.295 | 1,009,337 | 13-Dec | -38.54% | -41.00% | ||||
0.005 | 0 | 0.00% | 0.005 | 0.005 | 0.005 | 150,000 | 13-Dec | -66.67% | -61.54% | ||||
0.042 | 0 | 0.00% | 0.041 | 0.042 | 0.04 | 0 | 25-Nov | 50.00% | 82.61% | ||||
0.04 | -0.006 | -13.04% | 0.045 | 0.045 | 0.04 | 206,111 | 13-Dec | -66.67% | -63.64% | ||||
0.8 | 0.005 | 0.63% | 0.8 | 0.8 | 0.765 | 143,075 | 13-Dec | 9.59% | 20.30% | ||||
0.305 | -0.03 | -8.96% | 0.325 | 0.34 | 0.305 | 499,555 | 13-Dec | -52.34% | -33.70% | ||||
1.795 | 0 | 0.00% | 1.78 | 1.795 | 1.78 | 0 | 16-Nov | 34.46% | 45.94% | ||||
0.052 | 0.001 | 1.96% | 0.05 | 0.052 | 0.048 | 945,045 | 13-Dec | 420.00% | 420.00% | ||||
0.14 | 0 | 0.00% | 0.14 | 0.14 | 0.14 | 80,000 | 13-Dec | -61.11% | |||||
0.018 | -0.004 | -18.18% | 0.018 | 0.018 | 0.018 | 34,650 | 13-Dec | 92.51% | 135.29% | ||||
0.066 | -0.001 | -1.49% | 0.066 | 0.068 | 0.064 | 6,234,892 | 13-Dec | 23.08% | 74.90% | ||||
0.365 | -0.005 | -1.35% | 0.365 | 0.365 | 0.365 | 5,000 | 13-Dec | -35.40% | |||||
6,000 | -350 | -5.51% | 6,350 | 6,350 | 6,000 | 1,429 | 13-Dec | -25.00% | -27.97% | ||||
3,300 | -170 | -4.90% | 3,360 | 3,400 | 3,250 | 14,069 | 13-Dec | 65.83% | 83.54% | ||||
38,000 | 0 | 0.00% | 38,000 | 38,000 | 38,000 | 0 | 2-Dec | 111.11% | |||||
10,000 | -920 | -8.42% | 11,000 | 11,000 | 10,000 | 235 | 13-Dec | -4.76% | -5.66% | ||||
25,500 | 500 | 2.00% | 25,500 | 25,500 | 25,000 | 353 | 13-Dec | 116.10% | 146.38% | ||||
3,850 | 150 | 4.05% | 3,800 | 3,850 | 3,800 | 145 | 13-Dec | 54.00% | 54.00% | ||||
35,000 | -1500 | -4.11% | 36,000 | 36,000 | 35,000 | 9 | 13-Dec | 46.44% | 52.17% | ||||
27,000 | 0 | 0.00% | 27,000 | 27,000 | 27,000 | 0 | 12-Dec | 388.07% | |||||
33,000 | 0 | 0.00% | 33,000 | 33,000 | 33,000 | 0 | 9-Dec | 626.07% | |||||
2,800 | 48 | 1.74% | 2,800 | 2,800 | 2,800 | 180 | 13-Dec | -2.61% | 14.29% | ||||
5,000 | -400 | -7.41% | 5,200 | 5,200 | 5,000 | 522 | 13-Dec | -10.71% | -13.03% | ||||
2,251 | -44 | -1.92% | 2,251 | 2,251 | 2,251 | 15 | 13-Dec | 221.57% | |||||
200 | 0 | 0.00% | 200 | 200 | 200 | 0 | 1-Dec | 11.11% | 17.65% | ||||
189 | 6 | 3.28% | 183 | 189 | 183 | 6,574 | 13-Dec | 1.07% | 18.13% | ||||
59 | 1 | 1.72% | 58 | 59 | 56 | 7,973 | 13-Dec | 9.26% | 18.00% | ||||
94 | 1 | 1.08% | 92 | 94 | 92 | 65,926 | 13-Dec | 0.00% | 4.44% | ||||
2,700 | 0 | 0.00% | 2,700 | 2,700 | 2,700 | 30 | 13-Dec | -22.86% | -26.03% | ||||
1,100 | 0 | 0.00% | 1,100 | 1,100 | 1,100 | 0 | 12-Dec | -15.38% | -12.00% | ||||
140 | 0 | 0.00% | 140 | 140 | 140 | 0 | 8-Dec | 21.74% | |||||
2,450 | 0 | 0.00% | 2,450 | 2,450 | 2,400 | 0 | 5-Dec | 88.46% | 104.17% | ||||
799 | 1 | 0.13% | 798 | 799 | 798 | 670 | 13-Dec | 38.00% | |||||
7,000 | 0 | 0.00% | 6,100 | 7,000 | 6,010 | 128 | 13-Dec | 42.86% | 40.00% | ||||
175 | 0 | 0.00% | 175 | 175 | 175 | 500 | 13-Dec | -46.15% | -49.28% | ||||
247 | 32 | 14.88% | 247 | 247 | 247 | 48,769 | 13-Dec | 64.67% | 54.38% | ||||
189 | 4 | 2.16% | 183 | 189 | 182 | 62,032 | 13-Dec | 162.50% | 162.50% | ||||
11,119 | -381 | -3.31% | 11,500 | 11,500 | 11,119 | 1,080 | 13-Dec | 5.90% | 7.95% | ||||
14,050 | -950 | -6.33% | 15,000 | 15,000 | 14,050 | 34 | 13-Dec | 8.08% | 8.08% | ||||
3,650 | 50 | 1.39% | 3,600 | 3,650 | 3,600 | 359 | 13-Dec | 386.67% | 356.25% | ||||
65,000 | 0 | 0.00% | 65,500 | 65,500 | 65,000 | 0 | 6-Dec | 209.72% | |||||
32,000 | 0 | 0.00% | 32,000 | 32,000 | 32,000 | 0 | 8-Dec | ||||||
10,300 | 0 | 0.00% | 10,300 | 10,300 | 10,300 | 1 | 13-Dec | 178.38% | 202.94% | ||||
9,500 | -600 | -5.94% | 10,100 | 10,100 | 9,500 | 71 | 13-Dec | 64.93% | 79.25% | ||||
500 | 20 | 4.17% | 490 | 500 | 485 | 10,847 | 13-Dec | 16.28% | 18.48% | ||||
45,999 | -1 | 0.00% | 46,000 | 46,000 | 45,999 | 11 | 13-Dec | 67.27% | |||||
2,300 | 300 | 15.00% | 2,000 | 2,300 | 2,000 | 440 | 13-Dec | 318.18% | 283.33% | ||||
800 | 0 | 0.00% | 800 | 800 | 800 | 0 | 12-Dec | 1.27% | 2.56% | ||||
0.195 | -0.005 | -2.50% | 0.198 | 0.203 | 0.193 | 1,373,500 | 13-Dec | -79.69% | -80.50% | ||||
2.49 | 0.01 | 0.40% | 2.46 | 2.52 | 2.41 | 4,875,000 | 13-Dec | -44.59% | -40.38% | ||||
50.5 | -2.45 | -4.63% | 50 | 50.9 | 50 | 39,400 | 13-Dec | -49.25% | -44.54% | ||||
19.92 | -0.73 | -3.54% | 19.9 | 20.15 | 19.6 | 129,700 | 13-Dec | -52.57% | -53.35% | ||||
2.57 | 0.2 | 8.44% | 2.48 | 2.78 | 2.31 | 5,521,000 | 13-Dec | -70.46% | -70.12% | ||||
8.81 | 0 | 0.00% | 8.81 | 8.81 | 8.81 | 0 | 13-Dec | -34.28% | -36.44% | ||||
0.77 | -0.01 | -1.28% | 0.78 | 0.78 | 0.76 | 6,400,043 | 13-Dec | -66.81% | -68.05% | ||||
3.23 | -0.11 | -3.29% | 3.26 | 3.32 | 3.2 | 39,776,162 | 13-Dec | -31.53% | -32.46% | ||||
0.049 | -0.004 | -7.55% | 0.05 | 0.057 | 0.048 | 58,430,000 | 13-Dec | -66.89% | -64.49% | ||||
0.248 | 0.014 | 5.98% | 0.23 | 0.25 | 0.23 | 1,820,000 | 13-Dec | -72.75% | -79.16% | ||||
0.445 | -0.005 | -1.11% | 0.44 | 0.45 | 0.43 | 2,670,000 | 13-Dec | -20.54% | -20.54% | ||||
0.079 | 0.013 | 19.70% | 0.084 | 0.084 | 0.079 | 10,000 | 13-Dec | -43.97% | -41.91% | ||||
0.097 | 0 | 0.00% | 0.095 | 0.097 | 0.095 | 10,000 | 13-Dec | -61.20% | -62.69% | ||||
6.11 | -0.09 | -1.45% | 6.3 | 6.3 | 6 | 1,294,252 | 13-Dec | -32.64% | -28.70% | ||||
0.84 | -0.005 | -0.59% | 0.845 | 0.845 | 0.835 | 10,521,000 | 13-Dec | 15.07% | 37.70% | ||||
55 | -0.5 | -0.90% | 55 | 55 | 55 | 0 | 13-Dec | -39.06% | -37.32% | ||||
32.25 | -5 | -13.42% | 37.25 | 37.25 | 32.25 | 1,024,773 | 13-Dec | -73.57% | -65.42% | ||||
4.625 | 0 | 0.00% | 4.625 | 4.625 | 4.625 | 6,947 | 13-Dec | -70.16% | -66.96% | ||||
34.5 | -1.5 | -4.17% | 36 | 36 | 34.25 | 92,500 | 13-Dec | -15.85% | -18.34% | ||||
2.375 | 0 | 0.00% | 2.375 | 2.375 | 2.375 | 0 | 13-Dec | 5.56% | |||||
0.62 | 0 | 0.00% | 0.65 | 0.66 | 0.62 | 70,400 | 13-Dec | -23.33% | -3.58% | ||||
0.07 | -0.01 | -12.50% | 0.175 | 0.175 | 0.07 | 558,666 | 13-Dec | ||||||
20.81 | -0.26 | -1.23% | 20.98 | 21.37 | 20.4 | 709,288 | 13-Dec | 7.13% | -3.78% | ||||
2.46 | -0.08 | -3.15% | 2.63 | 2.7 | 2.39 | 281,791 | 13-Dec | -54.70% | -54.10% | ||||
1.43 | -0.02 | -1.38% | 1.46 | 1.47 | 1.43 | 1,185,306 | 13-Dec | -58.06% | -59.26% | ||||
1.38 | -0.03 | -2.13% | 1.44 | 1.44 | 1.38 | 846,056 | 13-Dec | -59.65% | -60.68% | ||||
0.42 | -0.25 | -37.31% | 0.68 | 0.68 | 0.41 | 1,703,994 | 13-Dec | -94.77% | -94.23% | ||||
1.12 | -0.12 | -9.68% | 1.22 | 1.22 | 1.12 | 86,219 | 13-Dec | -67.63% | -60.98% | ||||
0.33 | -0.005 | -1.49% | 0.34 | 0.36 | 0.33 | 167,000 | 13-Dec | -73.39% | -74.62% | ||||
1.21 | -0.04 | -3.20% | 1.19 | 1.24 | 1.17 | 179,489 | 13-Dec | -65.13% | -57.84% | ||||
4.02 | 0 | 0.00% | 4.02 | 4.02 | 4.02 | 0 | 12-Dec | -7.59% | 25.23% | ||||
0.02 | 0 | 0.00% | 0.02 | 0.02 | 0.02 | 0 | 6-Dec | -77.78% | -66.67% | ||||
0.07 | 0.01 | 16.67% | 0.065 | 0.07 | 0.06 | 37,600 | 13-Dec | -26.32% | -33.33% | ||||
0.05 | -0.001 | -1.96% | 0.06 | 0.06 | 0.045 | 213,550 | 13-Dec | -99.00% | |||||
0.88 | -0.02 | -2.22% | 0.9 | 0.93 | 0.88 | 694,167 | 13-Dec | -67.65% | -64.94% | ||||
0.87 | -0.03 | -3.33% | 0.92 | 0.92 | 0.86 | 785,280 | 13-Dec | -68.01% | -65.34% | ||||
16.57 | -4.71 | -22.13% | 18.11 | 21.25 | 16.5 | 6,315,111 | 13-Dec | -27.96% | -29.01% | ||||
16.01 | -4.69 | -22.66% | 17.4 | 20.2 | 15.93 | 16,120,120 | 13-Dec | -30.15% | -31.07% | ||||
0.31 | 0.045 | 16.98% | 0.32 | 0.32 | 0.31 | 63,640 | 13-Dec | 14.81% | 72.22% | ||||
0.235 | 0 | 0.00% | 0.24 | 0.24 | 0.23 | 30,400 | 13-Dec | -51.04% | -41.98% | ||||
0.38 | 0.01 | 2.70% | 0.37 | 0.38 | 0.36 | 162,000 | 13-Dec | -73.79% | -74.50% | ||||
0.3677 | 0 | 0.00% | 0.3677 | 0.3677 | 0.3677 | 0 | 5-Dec | -74.08% | -69.85% | ||||
0.03 | 0.005 | 20.00% | 0.025 | 0.03 | 0.025 | 167,000 | 13-Dec | -85.00% | -83.33% | ||||
0.17 | 0 | 0.00% | 0.17 | 0.17 | 0.165 | 55,200 | 13-Dec | -71.67% | -69.09% | ||||
4.235 | -0.002 | -0.05% | 4.0755 | 4.2365 | 4.0755 | 14,500 | 13-Dec | ||||||
9.52 | 0 | 0.00% | 9.5 | 9.55 | 9.5 | 0 | 12-Dec | ||||||
10.15 | 0 | 0.00% | 10.15 | 10.15 | 10.15 | 0 | 12-Dec | ||||||
0.15 | 0 | 0.00% | 0.15 | 0.15 | 0.15 | 0 | 9-Dec | ||||||
0.44 | -0.015 | -3.30% | 0.455 | 0.455 | 0.43 | 296,386 | 13-Dec | -49.11% | -48.07% | ||||
0.4185 | -0.0235 | -5.32% | 0.437 | 0.4395 | 0.4185 | 38,161 | 13-Dec | -52.55% | -50.51% | ||||
0.49 | 0 | 0.00% | 0 | 17-Sep | |||||||||
6.4 | -0.21 | -3.18% | 6.53 | 6.75 | 6.19 | 174,484 | 13-Dec | -47.45% | -46.67% | ||||
0.065 | -0.01 | -13.33% | 0.065 | 0.065 | 0.065 | 5,500 | 13-Dec | -69.77% | -59.38% | ||||
0.2 | 0 | 0.00% | 0.24 | 0.24 | 0.2 | 30,000 | 13-Dec | ||||||
4.28 | -0.02 | -0.47% | 4.35 | 4.35 | 4.21 | 25,900 | 13-Dec |
---
"Mogi" Munkhdul Badral
Senior Client Manager / Executive Director
CPS International LLC
Telephone/Fax: +976-11-321326
Mobile: +976-99996779
Email: mogi@cpsinternational.mn
P Please consider the environment before printing a copy of this email.
Suite 1213 · Level 12 · 2 Sukhbaatar Square
Sukhbaatar District 8 · Ulaanbaatar 14200 · Mongolia
CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.
Disclosure/Disclaimer
CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.
CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.
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