The Way to Protect Shareholder's RIGHT is:1. Cut Management cost, 2. Close Debt financing & 3. Review Procurement policy...That's how biggest shareholders protecting their investment. It's a very straight, amazing decision from Mongolians side. Lesson learnt, 34% owned Mongolian Govt. decided not to wash their brain in propaganda....
Who is the biggest shareholders of STGO? & What they thinking of massive debt financing strategy? Still washing their head by STGO's "propaganda" shampoo? HAH...crazy...Debt reached over $100M, 2.5 times more than net asset....
What if "Credit risk" became real in one day? Turn TSX listed company into SOE - State owned enterprise? FUNNY, a real SH"T