RE:Checking inToday's bought deal financing seems to be good news...$3M to put in the coffers for more exploration.....warrants will bring even more $ into the coffers down the road at 70 cents. Timing in general in a strong litihium market, and strategic positioning close to the Chinese border (largest lithium consumers) seems to be a huge advantage......still in early stages of exploration, so I guess the next big trigger will be (hopefully) positive exploration results throughout this aggressive year - I think they said that the drilling program for the year was starting imminently? (Already started perhaps?)
I really like the team - have been quite impressed with several of them in their ability to execute in Mongolia already with Steppe Gold.....particularly in tough resource markets and a tougher pandemic year last year......STGO was very quick to production by all accounts (in any year/environment), with strong social license and cooepration with Mongolian government and local stakeholders...I like the story and accumulated some early in the New Year. Looking forward to next months of results.
My two cents,
chonasis