Lost in all the babble about 34% ownership is the fact that taking all the royalties, taxes, VAT, excise etc.,. together the Government pf Mongolia will be receiving up to 71% of all cashflows from sales of OT concentrates when their ownership plus all other revenues are combined. 

Not exactly a hard luck deal when somebody else did all the work, took all the business risk (Mongolia's investment was fully financed by IVN and is non-recourse except from OT revenue), took all the exploration and discovery risk ... raised all the money and has waited now through years of wrangling to see any return - the success of the mine remains entirely theoretical.