Steppe Gold Ltd T.STGO

BFS is due in Q2

[Ogopogo007]

With production "planned but not communicated shutdown" for Q1, for sure another cash flow positive Q on the books. I heard that from a Pinocchio webinar

Any chance the completed BFS might be released to front run a horrible Q1 NR ?

Of course that would require an IRR% to be close to or over 3 digits. low 2 digits IRR%....need something else to front run a BFS that dismal

JMHO

[Jack79]

Ogo..What was last (old) BFS or NI IRR%? Leaving TSX landing MSE, really happening..hah. But  who will buy their shares? Buy profitable shares or waste money on losses. Last year Mongolia made amendments its Banking law. Now all commercial private banks going public, offering shares, attract investors. Mongolia's most profitable economic sector even pandemic has little impact. 

[Ogopogo007]

Don't forget Steppe does things "The Mongolain way" claim all is "working to plan" declare Commercial Production and then hide FACT crushing was bottleneck,  end up with yearly production was slightly more than 1/2 forecast order new equipment without BFS completed. Most Co's use BFS as the "blueprint for future" expansion Decide to join

[Jack79]

Horrible way...will be "hard try" cross-listing in MSE. Interesting, who will open their "offshore" wallet to invest such a big "loss". Let's see how this "Mongolian way" ends. Somebody explain them meaning of word "MANAGE" & "MANAGEMENT"...;) TSX market cap around 2.9 trillion USD, MSE 0.00095 trillion eq.to 950 million....