Getting richer than company managing...Real REWARD!!!Too many ways to suck company's cash...We've seen just 5% of it by decoding MD&A they encoded...So, how it works? From the decoding: 1. Borrow own deposit paying extra 3.2% interest, 2. RSU, or stock options/warrants that CFO forgot, 3. Sell 1/3 of share equity for incredible lower price, 4. Hiding laundering process by playing with independent auditors.....so on, too many ways that even Devil himself surprised...;)
But they didn't forget to cut vital costs such as Heap leach consumables, Ship guard/security costs, Recruitment costs for headhunting PROs...etc
How much they get from Mongolian Govt.? from Gold-II programme financing? $90M? It is Mongolian Taxpayer's money...What if they again fail & Govt. requesting money back? Probably investigative journalists will come & track that money....HAH...What's done in the dark come out in the light...