Steppe Gold Ltd T.STGO

Why STGO needed "Off-Take"-"Gold collateralized" contract

[Jack79]

Here is why,....ADB research tells the truth.....https://www.adb.org/sites/default/files/publication/662086/adb-brief-160-msmes-mongolia-covid-19-impacts.pdf

.....Access to working capital became more challenging during the crisis. This was mainly due to high collateral requirements for bank loans (identified by 60% of respondents), followed by high interest rates (50%), short duration of loans (31%), and delays in payments by partner companies (19%).

Nothing left for collateral, all mine assets + licenses already collateralized for MNIF debentures & Capitron bank loan, ...imo

Then after STGO decided to go with MSE, and CEO said it's not for raise capital, just opening access points...hah...why don't just tell the truth..MSE for RSU...

LMFAO