Petro Matad LLC Executive Director T.Amarzul thinks the chances of
Mongolian companies getting listed on international stock exchanges are quite
good, but she has told  The Mongolian Mining
Journal that a company must be clear why it wants to go for an IPO, as there are many other ways
of attracting investment. “You can expand and go global, and you can stay put
where you are,” she says.

Getting internationally listed will most likely get a company foreign
investment but “it might also entail instituting changes in the company’s
governance practices and financial transparency, amongst other things,” she
cautions. “Anyone who wants to keep ownership of the business restricted to
those of his choice should not go for an IPO as that will let others own part
of the company. Getting more capital is not the only thing, as every
entrepreneur has the right to choose his own way of owning, managing, and
expanding the business,” is her advice.