strange, I understood EGI correction last month, its a few years before EGI gets any production started and the government is always iffy. IVN has enough outside of their agreement with EGI to work on.
I always heard suggestions that IVN (through SouthGobi) might make a bid for EGI. Wonder if this $400 million is part of it? BTW, the article says China already put $500 million into SoutGobi this past October.