RE:Can you trust the numbersOgo...yes, everywhere. But in Mongolia, more bad situation for logistics. Covid cases increasing dramatically, cross borders still under tight restrictions. Not a great time for EPC static crusher. Delays in procurement & purchasing may influence construction schedule.
i wonder, how STGO could say we're expecting wonderful results this year, once they failed in simple heap leach ops.....at least they must get cyanide permit on time & bring that cyanide right on mine site. China is about to fully lockdown their borders due to covid.
How STGO will mitigate non-controllable risks? No plan, no budget, mismanagement, miscommunication, more debts, no production, more PR instead performance, low KPI, zero OEE, negative ROI.....and STGO said, we're negotiating with lenders & investors to get funds for Phase-II...Funny, put "imaginary gold" as collateral? or their employees?
https://www.worldometers.info/coronavirus/country/mongolia/
https://wiki.unece.org/display/CTRBSBC/Mongolia