Senior Vice President and Chief Financial Officer at Steppe Gold
Jeremy was a director of Steppe Gold from March 2017 until his appointment as CFO in July 2018. He has over 35 years of experience in M&A, including senior positions in investment banking at Deutsche Bank, NatWest Markets and Deloitte. He also has over 11 years of experience working in Mongolia. Jeremy is a Chartered Accountant and holds a Bachelor of Economics degree from Monash University (Australia). He holds the ICD.D designation as a graduate of the Institute of Corporate Directors.
Aneel is EVP and Director of Steppe Gold, and a ï¬nancial services professional with 15 years of progressive experience in capital markets having worked on over $1B in deals. He is the founder of ATMA Capital Markets, focusing on advising public and private companies in the Natural Resources sector. Aneel holds an MBA from the Goodman Institute of Investment Management at John Molson School of Business.
Replay transcript excerpt
Speaker 1: All right, well, hello, everyone, and welcome to Stuff Gold's live summit today, hosted by 6. I'm pleased to introduce our speakers today. We have Anil Waraj, Executive Vice President, and Jeremy South, Senior Vice President and Chief Financial Officer. Speaker 1: We're going to kick off with a quick video and then Anil and Jeremy are going to walk us through a company presentation Speaker 1: and after we will be accepting questions live. So as a reminder, feel free to submit your questions at any time on the right hand side of the screen and we'll get to them after the presentation. Speaker 1: And as always, this is being recorded and will be available to watch afterwards on six.com. Speaker 1: But without any further ado, I am going to Speaker 1: kick it off with this video. Thank Speaker 2: you. Speaker 2: Dear StepGolf shareholders and partners, we are happy to announce that StepGolf has received the key reagent supplies via multiple routes Speaker 2: and is now back in full production. Speaker 2: Last year despite the unexpected reagent supply issues, we haven't stopped the full-scale mining, crushing and stacking operations Speaker 2: and built a significant stockpile of unleached, fresh ore equal to 81, 800 Speaker 2: ounces of recoverable gold at a 70% recovery rate. Since most of the operational costs were covered last year, we expect to generate free cash flow from the high margin, low cost operations this year. The company commenced the leaching process and is planning to produce over 100, 000 ounces of gold in 2022 and 2023. Speaker 2: As for the Phase 2 expansion plan, the company has received a $60 million financing package from Mongolia and is currently assessing UPC and full financing options Speaker 2: to build the new partition plant and ...
