Poor FDI results of mining sector in 2022....Even Mongolian Govt. intensfied the procedures of issue mining licenses. Now it's pure electronical...
https://dblaw.mn/mongolia-digitalized-the-minerals-license-tendering-and-issuance-process/ 2023 is Uncertain...
https://credendo.com/fr/node/760 Why? In my opinion, no one wants invest in such unstable corrupted country + such sh't companies/partners like STGO. Better invest elsewhere, many countries offering better investment climate. I've no idea what Sprott think about it. Still giving them tea tip. A Conspiracy theory? HAH...must be someone doing "inside job" there.
By the way, personally i want to know WHAT TYPE of METAL is STGO wants to MINE? GOLD-Failed, jumped to ZINC. SILVER- it's just a byproduct i guess. Anyway, whatever metal they produced is nonsense. The next 5 years will definitely be the year of paying off the debts...