The company is in a prime position in southern Mongolia and boasts of Asia’s largest undeveloped copper deposits at its Kharmagtai project, which has upside in substantial gold credits.
Executive chairman Darryl Clark indirectly purchased 202,150 fully paid shares at a price of 5.2 cents a share, bringing his holding to a total of more than 2.2 million shares.
Executive director and chief executive officer Andrew Stewart made a direct purchase of 429,000 shares amounting to $22,318 and disposed of 7 million performance rights.
His total holding now is more than 4.7 million fully paid ordinary shares.
Independent non-executive director Michele Muscillo indirectly acquired nearly 5,500 shares, bringing her total holding to 59,441 shares.