Post by
Jack79 on Aug 17, 2021 10:42pm
Kicks off Triple flag, welcoming local banks....
"...As disclosed in note 14, the Company is required to sell 30% of its gold produced throughout the financing period to Capitron. However, the Company is required to sell all of gold produced throughout the financing period to TDB related to the loan agreement signed on September 18, 2020..." .... And now we have 2 banks .... So aggresive ..... Knocked down TSX, OTC, FSE,... blocking all foreign investments then wants raise $ 200.0M from overseas, illogical...
"..Mongolia prime minister Oyun-Erdene apologized to the people today (August 17, 2021) during a meeting with foreign investors and representatives of international investment organizations. On behalf of Mongolia's successive governments, I apologize for all the uncertainties surrounding investors over the past 30 years..."
What's left for TSX "angel investors" ? Nothing, SP continues sliding down.....Will history repeat ? Sold Hunnu coal, now about to sell Steppe....A real blockade for ARJN & ION....imo