Centerra sold their all assets located in Mongolia to Singapore based privately held Co, OZD group for only $35M. But STGO to acquire Boroogold LLC assets for $98M. What an inflation in there...HAH
By reading dozens of news, likely Gatsuurt was a Flagship project of Centerra but failed. That's why they left Mongolia.
Centerra’s exit raises questions, suspicions: "...Many things about the sale are unclear. Ozd Asia is a brand-new company, registered only on 15 August this year in Singapore. Details are missing on its ownership structure, which naturally provokes dark suspicions about likely links to people in power...."
https://www.mongolianminingjournal.com/a/66080 CENTERRA SELLS MONGOLIAN SUBSIDIARIES: "...Centerra Gold sold its Mongolian business unit, including the Boroo gold mine and processing facility and the Gatsuurt gold project, to OZD ASIA PTE Ltd. for $35 million. OZD has purchased all outstanding shares and debt of Centerra Netherlands, BVBA which was the 100% direct shareholder...."
https://www.e-mj.com/breaking-news/centerra-sells-mongolian-subsidiaries/ Centerra's Boroo mine license restored, shares leap: "...Authorities in Mongolia suspended the mine's operating license on June 12, citing issues related to record-keeping, incorrect land use, and improper operating procedures..."
https://www.reuters.com/article/centerragold-mine/update-1-centerras-boroo-mine-license-restored-shares-leap-idUKN2751394420090727/ Mongolia’s Gatsuurt project faces uncertainty: "...The future of Gatsuurt will most likely be caught up in political wrangling with operations starting and halting. The re-starting of exploration of Gatsuurt will most likely face protests..."
https://mongoliaeconomy.blogspot.com/2016/02/mongolias-gatsuurt-project-faces.html Positive – STGO is planning to acquire a gold producer, producing 60 Koz/year, for 149M shares/$98M, from a Singapore-based privately held investment company...