CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.
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Announcement made after market close. IVN closed -5% to US$20.70 in NY
Rio Tinto wins arbitration challenge to provisions of Ivanhoe poison bill
VANCOUVER, December 12 (The Canadian Press) - International mining giant Rio Tinto has been successful in its arbitration challenge against certain provisions of a poison pill defence adopted by Ivanhoe Mines Ltd. (TSX:IVN, NYSE:IVN) aimed at preventing an unwanted takeover.
Ivanhoe announced after the close of markets Monday that the decision by the arbitrator involved two aspects of the shareholders rights agreement adopted by the Vancouver-based miner in October 2010.
One of the rulings held that anti-dilution rights granted to Rio Tinto in a private placement agreement with Ivanhoe in 2006 would continue to apply even if Rio Tinto triggered the rights plan by becoming an "acquiring person."
The arbitrator's decision also addressed the counterclaim that Ivanhoe filed against Rio Tinto alleging it had acted in breach of certain of its obligations under the private placement agreement.
"The arbitrator determined that Rio Tinto had not breached such obligations," Ivanhoe said in its release.
Meanwhile, the company said its rights plan may remain in effect until its scheduled expiry in April 2013 and would apply to all Ivanhoe Mines' shareholders, "but the exercise of rights . . . will be subject to Rio Tinto's anti-dilution rights."
Rio Tinto initiated the arbitration proceeding after claiming the adoption of the poison pill breached a joint-venture agreement to develop the huge Oyu Tolgoi copper-gold mine in Mongolia.
The mine, which is owned by Ivanhoe and the Mongolian government, is thought to be one of the top three copper and gold mines in the world.
Last week, Rio Tinto (NYSE:RIO) and Ivanhoe reached an agreement that will see the international mining giant, already Ivanhoe's largest single shareholder, provide billions of dollars in financing and assume management of Oyu Tolgoi.
Rio Tinto committed to invest an additional roughly $1.3 billion in Ivanhoe in the coming months through a rights offering and the exercise of warrants as well as agreed to provide up to $1.8 billion in interim financing.
The company also has the potential to invest hundreds of millions more in Ivanhoe if it decides to exercise various rights over the next few years.
Related:
Ivanhoe receives ruling in Rio dispute – Reuters, December 12
Voyager: Investor Presentation, December 2011
December 13, Voyager Resources Limited (ASX:VOR) --
MEC: Interim Results 2011
December 12, Mongolian Energy Corporation Limited (HK:276) --
…
Management Discussion and Analysis
OVERVIEW
Our principal project is the Khushuut Coking Coal Project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Aimag (province) of Khovd in Western Mongolia. The Khushuut Coal Mine is about 311 km from the Xinjiang Takeshenken border, connecting by the Khushuut Road built by us.
During the six-month period ended 30 September 2011 (the “Financial Period”), we focused on the completion of the Khushuut Road, by actively coordinating with the road contractors for the building process, and with the government authorities for the road examination and inspection prior to road commissioning. There was no coal delivery during this Financial Period pending the completion and commissioning of the Khushuut Road.
The Khushuut Road of 311 km running from our Khushuut Coal Mine to the Yarant border in Mongolia and the Takeshenken border in Xinjiang has now been completed, and on 6 November 2011, the State Commission of Mongolia conducted inspection of the Road. We are awaiting the formal approval from the Mongolian Government on the road commissioning.
…
STOCK EXCHANGE WEEKLY REVIEW
Ulaanbaatar, Mongolia, December 12 /MONTSAME/ Five stock trades were held at Mongolia's Stock Exchange on December 5-9. In overall, 1.1 million shares were sold of 72 joint-stock companies totaling MNT 764.1 million.
Index TOP-20 was 19772.86 points decreasing 810.97 units or 3.9% against the week earlier. The total market capitalization was set at MNT two trillion 29.7 billion decreasing MNT 85.0 billion or 4.0%.
Shares of "Asia Pacific Properties" /73.1%/, "Chatsargana" /64.8%/, and "Darkhan teever" /52.0%/ increased, but shares of "Khasu mandal" /20.8%/, "Dorvon-uul" /15.0%/, and "Bayan aldar" /14.9%/ decreased.
37 stocks closed higher, 29 shares declined and six shares remained unchanged.
Shares of "Remikon" /378.1 thousand units/, "Nako tulsh" /321.2 thousand units/ and "Olloo" /120.7 thousand units/ were the most actively traded in terms of trading volume and in terms of trading value--"Mogoin gol" (MNT 368.2 million), "Remikon" (MNT 71.5 million), and "Nako tulsh" (58.1 million).
ADB Funded Road Program to Spur Growth, Development in West Mongolia
MANILA, PHILIPPINES, December 12 (IEWY) – The Asian Development Bank (ADB) has approved a financing facility of up to $170 million for road improvements along a transport corridor in western Mongolia that will help reduce the region’s isolation and spur development in one of the country’s poorest areas.
“The remote western region of Mongolia suffers from high levels of poverty and underdevelopment, partly as a result of the lack of paved roads,” said Steven Lewis-Workman, Transport Economist in ADB’s East Asia Department. “Building paved roads in an area where there are very few will bring broad social and economic benefits, including increased access to jobs and markets both within Mongolia and with neighboring countries.”
The funds for the Western Regional Road Corridor Investment Program will be released through a multitranche financing facility, with an agreed first loan payment of $45 million. The program will construct over 290 kilometers of regional roads, rehabilitate and construct some connecting local roads, build and equip three road maintenance units, and provide training and other capacity development support for road sector institutions.
The investments, which complement another ongoing ADB road project in the corridor, will help complete the Western Regional Road. The route, which links Mongolia to the Russian Federation in the north and People’s Republic of China in the south, is one of the Central Asia Regional Economic Cooperation (CAREC) program’s priority corridors, designed to boost trade, tourism and investment amongst member countries and beyond.
Past ADB road investments in Mongolia have relied on foreign contractors to carry out the work, but the new program will target increased input from domestic contractors and help build the capacity of Mongolia’s road sector institutions to construct, manage, and maintain Mongolia’s rapidly expanding road network.
The first tranche loan, with a 32-year tenor, will come from ADB’s concessional Asian Development Fund, with two further tranches to follow. The Government of Mongolia will contribute $92 million for a total investment cost of $262 million. The program will run for eight years with an expected completion date of December 2020.
Ch.Saikhanbileg: Draft election law could pass soon
December 12 (news.mn) After a meeting of the DP caucus on Monday, caucus chairman Ch.Saikhanbileg told journalists that the caucus hopes the draft election law will be passed this week.
The DP and MPP caucuses have reached agreements on several disputed items in the draft law. The DP caucus has accepted the MPP caucus’s proposal concerning the criteria for transferring candidates between the majority and proportional segments of Parliament.
By accepting the MPP caucus’s proposal, the DP caucus has cleared the way for passage of the draft law. Ch.Saikhanbileg said, in any event, the draft law will result in a freer and fairer election than the current election law.
Ch.Saikhanbileg also said that the draft election law includes input from political parties that have not held seats in Parliament. Those parties have sent 32 suggestions, 27 of which have been accepted by working groups on the draft election law.
He added that a women’s quota would be included in the draft election law stipulating that 15 women candidates, or 20 percent, should be nominated among the 76 candidates from each political party.
Inflation increases to ten percent
December 12 (news.mn) Last Friday the National Statistics Committee (NSC) reported that inflation is increasing in Mongolia, despite the best efforts of Mongol Bank. The NSC says inflation was 10 percent in November.
NSC officials explained that the Consumer Price Index (CPI) increased by 1.3 percent from October to November. Prices for food, beverages, and water increased by 2.1 percent. Prices for clothing and shoes went up by 2.3 percent. The officials said, despite Mongol Bank’s strong monetary policy, inflation is increasing. The officials also said price increases tend to reduce consumers’ purchasing power.
The NSC also reported that state budget revenue in November was reduced by MNT 142.8 billion, or 75.3 percent, in comparison with previous months. NSC officials said commercial banks have increased interest rates on loans and are making fewer loans, due to Mongol Bank’s policies. Experts say the central bank’s monetary policy influences commercial banks.
The NSC also reported that taxation income has increased by 42.2 percent in comparison with 2010.
Specialist discusses South Gobi water issues
December 13 (news.mn) M.Choisuren, the Water Office’s water monitoring specialist, recently spoke about water issues affecting the South Gobi region.
He said the steppe and Gobi regions contain about 70 percent of Mongolia’s land, but only about 100 mm of precipitation falls in this area annually. The Gobi region has a shortage of water needed for drinking, manufacturing, and herding.
Yet the state is planning to build industrial complexes, factories, and apartments in the Gobi region in connection with the Oyutolgoi and Tavantolgoi deposit mines. Preliminary research shows that the underground water needed for these projects is inadequate in the Gobi region.
Oyutolgoi is planning to take additional water from Galbiin Gobi. But the Tavantolgoi project is facing a shortage. The nearest large source is Balgasiin Ulaan Lake, which has clean water. Choisuren said it would be regretful to uses such clean water for washing coal rather than for drinking. He said less pure water should be used for coal processing.
He added that his office is going to propose that the sate protect clean water sources in the Gobi region, including Balgasiin Ulaan Lake.
Choisuren also stated that there are 134 monitoring pits in the Gobi region at present. Water usage levels could be determined by data collected from these pits. He also said water research is being done in soums, where water is also in short supply.
Table: Mongolia Related Stocks (Source: Bloomberg)
Name | Symbol | $ | Price | Change | +-% | Open | High | Low | Volume | Time | % YTD | % 12 m | |
Indices | ASX 200 | 4,252.80 | 49.80 | 1.18% | 4,222.00 | 4,271.90 | 4,221.90 | - | 12-Dec | ||||
Nikkei 225 | 8,653.82 | 117.36 | 1.37% | 8,652.98 | 8,682.47 | 8,633.35 | - | 12-Dec | |||||
Hang Seng | 18,575.66 | -10.57 | -0.06% | 18,853.32 | 18,919.42 | 18,508.12 | - | 12-Dec | |||||
FTSE 100 | 5,427.86 | -101.35 | -1.83% | 5,529.21 | 5,529.21 | 5,427.86 | - | 12-Dec | |||||
TSX Composite | 11,907.89 | -126.86 | -1.05% | 11,905.85 | 12,034.42 | 11,805.80 | - | 12-Dec | |||||
S&P 500 | 1,236.47 | -18.72 | -1.49% | 1,255.05 | 1,255.05 | 1,227.25 | - | 12-Dec | |||||
ASX | Aspire Mining | A$ | 0.325 | 0.01 | 3.17% | 0.32 | 0.33 | 0.315 | 425,645 | 12-Dec | -32.29% | -26.97% | |
Blina Minerals | A$ | 0.005 | -0.001 | -16.67% | 0.005 | 0.005 | 0.005 | 1,200,000 | 12-Dec | -66.67% | -64.29% | ||
C@ | A$ | 0.042 | 0 | 0.00% | 0.041 | 0.042 | 0.04 | 0 | 25-Nov | 50.00% | 90.91% | ||
General Mining | A$ | 0.046 | -0.008 | -14.81% | 0.05 | 0.05 | 0.046 | 276,939 | 12-Dec | -61.67% | -58.18% | ||
Guildford Coal | A$ | 0.795 | 0.035 | 4.61% | 0.77 | 0.8 | 0.77 | 561,835 | 12-Dec | 8.90% | 19.55% | ||
Haranga Resources | A$ | 0.335 | 0 | 0.00% | 0.34 | 0.345 | 0.335 | 936,218 | 12-Dec | -47.66% | -35.58% | ||
Hunnu Coal | A$ | 1.795 | 0 | 0.00% | 1.78 | 1.795 | 1.78 | 0 | 16-Nov | 34.46% | 45.34% | ||
Modun Resources | A$ | 0.051 | 0.001 | 2.00% | 0.05 | 0.052 | 0.049 | 655,042 | 12-Dec | 410.00% | 410.00% | ||
Mongolian Res Corp | A$ | 0.14 | -0.02 | -12.50% | 0.16 | 0.16 | 0.14 | 13,900 | 12-Dec | -61.11% | |||
Robe Australia | A$ | 0.022 | 0 | 0.00% | 0.022 | 0.023 | 0.022 | 476,466 | 12-Dec | 135.29% | 187.58% | ||
Voyager Resources | A$ | 0.067 | -0.003 | -4.29% | 0.071 | 0.071 | 0.066 | 5,172,484 | 12-Dec | 24.94% | 77.55% | ||
Xanadu Mines | A$ | 0.37 | 0.01 | 2.78% | 0.37 | 0.37 | 0.37 | 6,000 | 12-Dec | -34.51% | |||
MSE A Board | Aduunchuluun | MNT | 6,350 | -30 | -0.47% | 6,350 | 6,350 | 6,350 | 125 | 12-Dec | -20.63% | -23.77% | |
APU | MNT | 3,470 | 130 | 3.89% | 3,400 | 3,470 | 3,280 | 8,705 | 12-Dec | 74.37% | 92.88% | ||
Atar Urguu | MNT | 38,000 | 0 | 0.00% | 38,000 | 38,000 | 38,000 | 0 | 2-Dec | 111.11% | |||
Baganuur | MNT | 10,920 | -80 | -0.73% | 10,910 | 11,100 | 10,910 | 268 | 12-Dec | 4.00% | 9.19% | ||
Mogoin Gol | MNT | 25,000 | 0 | 0.00% | 25,000 | 25,000 | 25,000 | 0 | 9-Dec | 111.86% | 141.55% | ||
BDSec | MNT | 3,700 | 0 | 0.00% | 3,700 | 3,700 | 3,700 | 0 | 8-Dec | 48.00% | 54.17% | ||
Bayangol Hotel | MNT | 36,500 | 0 | 0.00% | 36,500 | 36,500 | 36,500 | 0 | 9-Dec | 52.72% | 55.45% | ||
Bayanteeg | MNT | 27,000 | 3300 | 13.92% | 27,000 | 27,000 | 27,000 | 10 | 12-Dec | 461.21% | |||
UB BUK | MNT | 33,000 | 0 | 0.00% | 33,000 | 33,000 | 33,000 | 0 | 9-Dec | 626.07% | |||
Eermel | MNT | 2,752 | 127 | 4.84% | 2,850 | 2,850 | 2,700 | 389 | 12-Dec | -4.28% | 12.33% | ||
Gobi | MNT | 5,400 | 700 | 14.89% | 4,700 | 5,400 | 4,700 | 1,394 | 12-Dec | -3.57% | -4.42% | ||
Gutal | MNT | 2,295 | 0 | 0.00% | 2,295 | 2,295 | 2,295 | 0 | 29-Nov | 227.86% | |||
Hi B Oil | MNT | 200 | 0 | 0.00% | 200 | 200 | 200 | 0 | 1-Dec | 11.11% | 17.65% | ||
Khukh Gan | MNT | 183 | 3 | 1.67% | 180 | 183 | 180 | 8,144 | 12-Dec | -2.14% | 14.38% | ||
Hermes Centre | MNT | 58 | -3 | -4.92% | 58 | 58 | 58 | 70 | 12-Dec | 7.41% | 11.54% | ||
Jenko Tour Bureau | MNT | 93 | 0 | 0.00% | 93 | 93 | 93 | 100 | 12-Dec | -1.06% | 2.20% | ||
Telecom Mongolia | MNT | 2,700 | 50 | 1.89% | 2,650 | 2,700 | 2,650 | 405 | 12-Dec | -22.86% | -26.03% | ||
Mongolia Dev Res | MNT | 1,100 | -150 | -12.00% | 1,100 | 1,100 | 1,100 | 50 | 12-Dec | -15.38% | -12.00% | ||
Moninjbar | MNT | 140 | 0 | 0.00% | 140 | 140 | 140 | 0 | 8-Dec | 21.74% | |||
Mongol Nekhmel | MNT | 2,450 | 0 | 0.00% | 2,450 | 2,450 | 2,400 | 0 | 5-Dec | 88.46% | 104.17% | ||
Hotel Mongolia | MNT | 798 | 0 | 0.00% | 798 | 798 | 798 | 0 | 9-Dec | 37.82% | |||
Darkhan Nekhii | MNT | 7,000 | 201 | 2.96% | 6,700 | 7,000 | 6,700 | 491 | 12-Dec | 42.86% | 40.00% | ||
Nak Tulsh | MNT | 175 | -6 | -3.31% | 176 | 176 | 175 | 500 | 12-Dec | -46.15% | -49.28% | ||
Olloo | MNT | 215 | 28 | 14.97% | 215 | 215 | 215 | 2,700 | 12-Dec | 43.33% | 34.38% | ||
Remikon | MNT | 185 | -4 | -2.12% | 187 | 187 | 185 | 68,128 | 12-Dec | 156.94% | 156.94% | ||
Sharyn Gol | MNT | 11,500 | -100 | -0.86% | 11,600 | 11,600 | 11,500 | 1,186 | 12-Dec | 9.52% | 12.73% | ||
Shivee Ovoo | MNT | 15,000 | 0 | 0.00% | 15,100 | 15,100 | 15,000 | 25 | 12-Dec | 15.38% | 15.38% | ||
Sor | MNT | 3,600 | 0 | 0.00% | 3,599 | 3,650 | 3,599 | 827 | 12-Dec | 380.00% | 350.00% | ||
Suu | MNT | 65,000 | 0 | 0.00% | 65,500 | 65,500 | 65,000 | 0 | 6-Dec | 209.72% | |||
Tav | MNT | 32,000 | 0 | 0.00% | 32,000 | 32,000 | 32,000 | 0 | 8-Dec | ||||
Talkh Chikher | MNT | 10,300 | 0 | 0.00% | 10,300 | 10,300 | 10,300 | 0 | 8-Dec | 178.38% | 202.94% | ||
Tavantolgoi | MNT | 10,100 | -400 | -3.81% | 10,200 | 10,200 | 10,100 | 110 | 12-Dec | 75.35% | 90.57% | ||
State Dept Store | MNT | 480 | 5 | 1.05% | 480 | 480 | 480 | 149 | 12-Dec | 11.63% | 13.74% | ||
Ulaanbaatar Hotel | MNT | 46,000 | -4000 | -8.00% | 46,000 | 46,000 | 46,000 | 17 | 12-Dec | 67.27% | 73.57% | ||
Mongol Savkhi | MNT | 2,000 | -100 | -4.76% | 2,000 | 2,000 | 2,000 | 5 | 12-Dec | 263.64% | 263.64% | ||
Zoos Goyol | MNT | 800 | 0 | 0.00% | 800 | 800 | 800 | 163 | 12-Dec | 1.27% | 2.56% | ||
HKEx | Solartech Int’l | HKD | 0.2 | -0.006 | -2.91% | 0.21 | 0.213 | 0.198 | 5,981,563 | 12-Dec | -79.17% | -80.00% | |
Winsway | HKD | 2.48 | -0.02 | -0.80% | 2.55 | 2.56 | 2.42 | 10,629,000 | 12-Dec | -44.82% | -40.62% | ||
SouthGobi Resources | HKD | 52.95 | -0.35 | -0.66% | 53.9 | 53.9 | 52.95 | 42,050 | 12-Dec | -46.78% | -41.85% | ||
China Gold | HKD | 20.65 | 0 | 0.00% | 21.3 | 21.4 | 20.65 | 39,800 | 12-Dec | -50.83% | -51.64% | ||
CNNC Int’l | HKD | 2.37 | 0.35 | 17.33% | 2.04 | 2.48 | 2.03 | 3,724,000 | 12-Dec | -72.76% | -72.44% | ||
Real Gold Mining | HKD | 8.81 | 0 | 0.00% | 8.81 | 8.81 | 8.81 | 0 | 12-Dec | -34.28% | -36.44% | ||
Mongolia Energy | HKD | 0.78 | -0.01 | -1.27% | 0.81 | 0.81 | 0.77 | 4,957,467 | 12-Dec | -66.38% | -67.63% | ||
Zijin Mining | HKD | 3.34 | -0.02 | -0.60% | 3.41 | 3.45 | 3.3 | 21,301,768 | 12-Dec | -29.19% | -30.16% | ||
Mongolia Inv Group | HKD | 0.053 | 0.009 | 20.45% | 0.044 | 0.054 | 0.043 | 103,878,000 | 12-Dec | -64.19% | -61.59% | ||
North Asia Resources | HKD | 0.234 | -0.014 | -5.65% | 0.246 | 0.246 | 0.23 | 1,380,000 | 12-Dec | -74.29% | -80.34% | ||
China Daye Non-Fer. | HKD | 0.45 | 0.01 | 2.27% | 0.44 | 0.45 | 0.435 | 1,858,500 | 12-Dec | -19.64% | -19.64% | ||
Bestway Int’l | HKD | 0.066 | 0 | 0.00% | 0.066 | 0.066 | 0.066 | 9,650 | 12-Dec | -53.19% | -51.47% | ||
Asia Coal | HKD | 0.097 | -0.005 | -4.90% | 0.105 | 0.105 | 0.096 | 50,000 | 12-Dec | -61.20% | -62.69% | ||
Mongolian Mining | HKD | 6.2 | 0.14 | 2.31% | 6.24 | 6.33 | 6.08 | 3,843,380 | 12-Dec | -31.64% | -27.65% | ||
SGX | LionGold | SGD | 0.845 | -0.015 | -1.74% | 0.86 | 0.865 | 0.84 | 8,051,000 | 12-Dec | 15.75% | 38.52% | |
LSE | Central Asia Metals | GBp | 55.5 | 0 | 0.00% | 55.5 | 55.5 | 55.5 | 0 | 12-Dec | -38.50% | -37.29% | |
Petro Matad | GBp | 37.25 | 8.25 | 28.45% | 29 | 39.875 | 29 | 1,947,902 | 12-Dec | -69.47% | -60.99% | ||
Metal-Tech | GBp | 4.625 | 0 | 0.00% | 4.625 | 4.625 | 4.625 | 0 | 12-Dec | -70.16% | -66.96% | ||
Origo Partners | GBp | 36 | 0 | 0.00% | 36 | 36 | 36 | 130,000 | 12-Dec | -12.20% | -15.29% | ||
Tembusu | GBp | 2.375 | 0 | 0.00% | 2.375 | 2.375 | 2.375 | 0 | 12-Dec | 5.56% | |||
North America | Aberdeen Int’l | CAD | 0.62 | -0.04 | -6.06% | 0.66 | 0.66 | 0.62 | 41,700 | 12-Dec | -23.33% | -0.56% | |
Blue Zen Mem. Parks | CAD | 0.08 | -0.07 | -46.67% | 0.15 | 0.15 | 0.08 | 4,030 | 12-Dec | ||||
Centerra Gold | CAD | 21.07 | -0.98 | -4.44% | 22.05 | 22.05 | 20.48 | 793,028 | 12-Dec | 8.47% | 2.38% | ||
China Gold | CAD | 2.54 | -0.25 | -8.96% | 2.82 | 2.82 | 2.49 | 303,052 | 12-Dec | -53.22% | -51.98% | ||
Denison Mines | CAD | 1.45 | -0.01 | -0.68% | 1.45 | 1.49 | 1.45 | 1,693,346 | 12-Dec | -57.48% | -57.10% | ||
Denison Mines | USD | 1.41 | -0.015 | -1.05% | 1.39 | 1.44 | 1.39 | 1,011,546 | 12-Dec | -58.77% | -57.78% | ||
East Asia Minerals | CAD | 0.67 | -0.06 | -8.22% | 0.71 | 0.72 | 0.67 | 124,170 | 12-Dec | -91.66% | -90.45% | ||
Entree Gold | USD | 1.24 | 0.01 | 0.81% | 1.2 | 1.24 | 1.15 | 69,380 | 12-Dec | -64.16% | -56.94% | ||
Erdene Resource | CAD | 0.335 | 0 | 0.00% | 0.34 | 0.345 | 0.335 | 149,300 | 12-Dec | -72.98% | -71.37% | ||
Entree Gold | CAD | 1.25 | -0.01 | -0.79% | 1.24 | 1.27 | 1.18 | 150,600 | 12-Dec | -63.98% | -56.90% | ||
Fortress Minerals | CAD | 4.02 | -0.42 | -9.46% | 4.02 | 4.02 | 4.02 | 100 | 12-Dec | -7.59% | 33.55% | ||
Garrison Int’l | CAD | 0.02 | 0 | 0.00% | 0.02 | 0.02 | 0.02 | 0 | 6-Dec | -77.78% | -66.67% | ||
Gulfside Minerals | CAD | 0.06 | 0 | 0.00% | 0.065 | 0.065 | 0.06 | 17,600 | 12-Dec | -36.84% | -42.86% | ||
Green Tech Solutions | USD | 0.051 | -0.009 | -15.00% | 0.055 | 0.065 | 0.051 | 122,984 | 12-Dec | -98.98% | |||
Ivanhoe Energy | CAD | 0.9 | -0.05 | -5.26% | 0.94 | 0.97 | 0.9 | 688,777 | 12-Dec | -66.91% | -65.25% | ||
Ivanhoe Energy | USD | 0.9 | -0.02 | -2.17% | 0.913 | 0.9399 | 0.88 | 1,004,938 | 12-Dec | -66.91% | -65.25% | ||
Ivanhoe Mines | CAD | 21.28 | -0.94 | -4.23% | 21.51 | 21.8 | 20.74 | 1,118,431 | 12-Dec | -7.48% | -6.99% | ||
Ivanhoe Mines | USD | 20.7 | -1.08 | -4.96% | 20.83 | 21.07 | 20.18 | 3,029,227 | 12-Dec | -9.69% | -8.28% | ||
Kincora Copper | CAD | 0.265 | -0.025 | -8.62% | 0.27 | 0.285 | 0.265 | 13,365 | 12-Dec | -1.85% | 47.22% | ||
Khan Resources | CAD | 0.235 | -0.005 | -2.08% | 0.235 | 0.235 | 0.235 | 1,000 | 12-Dec | -51.04% | -43.37% | ||
Lucky Strike | CAD | 0.37 | 0 | 0.00% | 0.37 | 0.37 | 0.37 | 0 | 9-Dec | -74.48% | -70.63% | ||
Lucky Strike | USD | 0.3677 | 0 | 0.00% | 0.3677 | 0.3677 | 0.3677 | 0 | 5-Dec | -74.08% | -69.85% | ||
Meritus Minerals | CAD | 0.025 | -0.005 | -16.67% | 0.03 | 0.03 | 0.025 | 212,667 | 12-Dec | -87.50% | -84.38% | ||
Manas Petroleum | USD | 0.17 | 0 | 0.00% | 0.165 | 0.17 | 0.165 | 87,500 | 12-Dec | -71.67% | -68.52% | ||
Mongolia Growth Grp | USD | 4.237 | 0.1446 | 3.53% | 4.0844 | 4.237 | 4.0188 | 17,545 | 12-Dec | ||||
Blue Wolf Mongolia | USD | 9.52 | -0.03 | -0.31% | 9.5 | 9.55 | 9.5 | 23,400 | 12-Dec | ||||
Blue Wolf Mongolia | USD | 10.15 | -0.13 | -1.26% | 10.15 | 10.15 | 10.15 | 1,000 | 12-Dec | ||||
Manas Petroleum | CAD | 0.15 | 0 | 0.00% | 0.15 | 0.15 | 0.15 | 0 | 9-Dec | ||||
Prophecy Coal | CAD | 0.455 | -0.035 | -7.14% | 0.49 | 0.49 | 0.45 | 258,120 | 12-Dec | -47.38% | -46.30% | ||
Prophecy Coal | USD | 0.442 | -0.0445 | -9.15% | 0.45 | 0.458 | 0.442 | 45,400 | 12-Dec | -49.88% | -47.68% | ||
Puget Ventures | CAD | 0.49 | 0 | 0.00% | 0 | 17-Sep | |||||||
SouthGobi Resources | CAD | 6.61 | -0.37 | -5.30% | 6.98 | 6.98 | 6.3 | 165,884 | 12-Dec | -45.73% | -46.48% | ||
Solomon Resources | CAD | 0.075 | 0 | 0.00% | 0.07 | 0.075 | 0.07 | 5,300 | 12-Dec | -65.12% | -53.13% | ||
Undur Tolgoi Minerals | CAD | 0.2 | 0 | 0.00% | 0.2 | 0.2 | 0.2 | 0 | 9-Dec | ||||
Mongolia Growth Grp | CAD | 4.3 | 0.12 | 2.87% | 4.18 | 4.34 | 4.14 | 20,942 | 12-Dec |
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"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.
Central Tower · 12th Floor · Left Wing · 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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