AKM

Today it released a PFS which showed that this company, net present day value of USD$1.2 to 2.2 billion depending on the tax estimation.

But its market capitalization is worth only AUD$37 million.  You wonder why a Chinese company hasn't taken it over yet.  Maybe because the Mongolians trust the Chinese less than Aussies.  It has the second largest reserve of coking coal in Mongolia.