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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Steppe Gold Ltd is a Mongolia-focused precious metals company. The Company is focused on operating, developing, exploring and acquiring precious metal projects in Mongolia and Peru. Its projects include Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, and Uudam Khundii UK Project. The ATO Project is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern Mongolia and is comprised of one mining license covering an area of 5492 hectares. The Mungu gold and silver discovery is located northeast of the ATO Project. It is a structurally controlled epithermal gold-silver system with localized bonanza grades. The Uudam Khundii property is comprised of one exploration license covering 14,397 hectares. The project area is located 800 km south-west of Ulaanbaatar. The property is located between and adjoining the Bayan Khundii gold discovery and Altan Nar epithermal gold deposits explored by Erdene Resource Development Corporation.


TSX:STGO - Post by User

Post by Jack79on Nov 30, 2021 10:57pm
214 Views
Post# 34183408

IRR=36.5%, HA-HA...Sending encoded info, SP drop...

IRR=36.5%, HA-HA...Sending encoded info, SP drop...As usual, after NR SP down...Always sending encoded info then audience must decode it...Somebody tell them please what does mean "TRANSPARENCY"...DFS, page 374, a funny scenario, base case is at 5% discount factor (DF) again then IRR=66%...How about 8% & 10%? Why there is no IRR% calculation based on 8 &10% DF? Forget or hide...

Who did Financial section? Same sh't team that prepared Financial statements? CRU done Market section, GSTAT & GeoRes Geology & Processing, DRA is responsible for Financial section, as they wrote. But in my view DRA missed DF base scenario, which is not common for such pro team.  

Seemed STGO trying to make unfeasible to feasible...

+ i don't believe in unit cost calculation. no matter low or high cost in this situation. Almost no internal control over company's activity means no cost control. It's a HEAVEN for GANGSTAs... 
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