Replay available
Steppe Gold’s Spring Shareholder Update
Join us for a great event!
Hosted by
Featured presenters
Bataa Tumur-Ochir
President & CEO at Steppe Gold
Mr. Bataa Tumur-Ochir is a Mongolian national that that serves as CEO and Director of Steppe Gold, responsible for new business acquisitions, development and government and community relations. He is also responsible for Steppe Gold’s daily operations in ...
Jeremy South
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 y...
Aneel Waraich
Executive VP & Director at Steppe Gold
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 privat...
Investor webinar replay
Meeting Overview The meeting was a live investment summit hosted by Stepgold, featuring presentations from the company's leadership team. The discussion focused on the company's financial performance in the past year, projections for the current year, and strategic plans for growth and exploration. Key Discussion Points - Overview of Stepgold's financial highlights for the previous year, including gold production and sales revenue. - Discussion of the factors contributing to positive cash flow, including gold production commencement and favorable market conditions. - Forecast for 2021, projecting gold and silver production and revenue generation. - Plans for exploration programs and potential acquisitions. - Significant milestones for the year, including financing and construction of Phase 2 of the ATO mine. - Updates on resource estimates and equipment purchases to enhance production capacity. - Plans for listing on the Mongolian Stock Exchange and engaging more stakeholders. Decis...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hello, everyone. Welcome to Stepgold's live investment summit today, hosted by 6. We're joined today by Fatah Tumur Osher, President and CEO of Stepgold, [00:17] Speaker 1: Jeremy South, the company's Senior Vice President and CFO, as well as Anil Warach, their Executive Vice President. The team will walk us through a company presentation, and after, our presenters will be accepting questions. You can submit your questions using the Q&A panel found on the right-hand side of your screen. As always, this summit is being recorded and will be available to watch afterwards on six.com. [00:36] Speaker 1: Now without further ado, I'll hand it over to Bata to kick things off. [00:42] Speaker 2: Thank you and thank you, Arun, for this. [00:45] Speaker 2: I'll quickly go through the highlights of last year and plans for this year. [00:49] Speaker 2: 2020 wasn't an easy year, but it was an excellent and transformational [00:53] Speaker 2: year for StepGolf. [00:55] Speaker 2: Since April last year, Step has produced over 33, 154 [01:00] Speaker 2: ounces of golf, [01:01] Speaker 2: 5, 563 [01:03] Speaker 2: kilo, [01:06] Speaker 2: and [01:07] Speaker 2: made $52 million in sales revenue. [01:10] Speaker 2: Total cash flow for the last 12 months was [01:13] Speaker 2: about [01:14] Speaker 2: $82.5 [01:15] Speaker 2: million, [01:17] Speaker 2: that's including equity raise and both of our debt. [01:20] Speaker 2: Total costs for the last 12 months were [01:23] Speaker 2: $48.8 [01:25] Speaker 2: million and the company closed the year with positive $32.6 [01:29] Speaker 2: million in the bank. It's a huge increase compared to 2019 where we had only 650 [01:35] Speaker 2: grand in the bank. So th...