MSE listing in Q1-Q2'22 will be too late...Now it's crypto boom in Mongolia, but FRC (financial regulation committee) blocked it. When it's blocked but investors still willing to invest somewhere then real estate sector chosen as a good instrument. I think next year Mongolians already been spent money on somewhere, either real estate or Govt. / private bonds + commercial bank's IPO should be taken into account. A lot of ways to spend their bank deposits .... Hah...STGO's CFO don't have a strategic view. "Fly often but Nothing" phenomenon.....
Why is STGO always postpone or delay something ? Because of unqualiified personnels (COPs) they had, i guess. BoM (Bank of Mongolia) continues buying a gold means other gold miners producing gold. ERD (Erdene resources) performing much better than STGO over MSE. Completed 2nd tranche financing programme successfully within a week.
It's not a "Sweet home" when you had cockroaches in it.....