RE:Miners talk C19..today's WebinarWell Mr. DD......I just got off the webinar....did you? What burning question did you ask? Was it answered to your satisfaction? Dying to hear what you took away from it - Old Ogopogo/GrinpNRips negative/twisted takeaways after each of these webinars the last several weeks have been real doozies (I've looked forward to their responses almost moreso than the webinars themselves)!
Here's what (new) I took away from this webinar that I never heard before (maybe I missed it, or maybe it is new):
- Based on their processing/production currently (they are 2 months in now) they have more confidence that they can both achieve the 60k oz this year and also possibly next year! That is pretty huge....and a huge confidence builder.
- We already knew they have some heavy hitting institutional investors in play - but they have others (banks) sniffing around, but due to Covid they cannot get onto site for site visits yet - but there is a definite confidence in Aneel/Jeremy's voice that indicated other Institutions may indeed be looking to get invested after they show they can pour and sell gold "more than once" (followed by a statement that to the effec that they have already done a couple pours - I don't know if that means the 11 May announcement covered these "couple of pours" or if that was one pour and another has been done since).
- Jeremy mentioned that the Mongolian government is pressing hard for expansion of projects/mines....so that is obviously significant, seeing as Steppe seems to have a solid relationship with the government already.
Most of the other stuff I already knew/was tracking from previous releases, webinars, etc (less the general gold/market analysis provided by FRC up front in the webinar).
If your DD has not provided you with the potential here, then yah I question it pretty hard! lol!
Chony