AKM

This is next door to China but under Mongolian laws.  That is bad news at the moment.  The government is immature and after encouraging investment in the mining industry, the government starts to sing in a different tune when rich deposits are uncovered.

AKM has great coking coal discovery there but it is very difficult to develop and government changes the rules. And China is a very manipulative customer too.  Hence, while it is now classified as a Tier One investment for the size of its deposit, its share price is hovering low.  For how long, for how low, it is inshallah!