Steppe Gold. Ein User aus stockhouse:
Only dumb & dumber believe in their lie now....Major shareholders except insiders can't see the future in this Co....Situation is very poor, unexpected....FDS/BFS, how they said it? IS NOT FEASIBLE....Truth is:
1. In near future, obtaining cyanide will be biggest problem. Almost most of asian cyanide manufacturers refused to supply cyanide to Mongolia due to lack of reliable logistics.
2. COPs & dumbs always paying twice....HAH....cyanide shortage then promised to 3x or more purchase than normal.....Actually it's not possible. Cyanide is dangerous goods, limited supply even they willing to pay 10x more than normal price.....Someone ask from them what was the price per kg for last purchase of cyanide? 8x more than they budgeted? HAH....that's how they managing Co
3. Now they going into more sophisticated sequential process including flotation & SAG mill....with smile in their face....HAHA....DRA lost their reputation on this DFS....Looks like they wrote their dreams in this DFS. Solar & Wind energy isn't possible. Event they planned to purchase expensive battery for stabilize electrical power fluctuation of voltage. Fresh ore processing requires 20x more energy consumption than current simple H-L.....
4. Hooray, we've got money from Gold-2 programme....HA-HA-HA.....This is Govt. fund, taxpayer's money. Criminal liability for improper use.......
Oxide zone is exhausted, more skills needed for fresh ore processing, which they don't have currently. Still with COPS, go babe, go baby....HAHAHAHA
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