New Gold Mine in Mongolia | Erdene Resource Development CEO Interview
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Timestamps:
00:00:00 Chapters
00:00:09 Important Warning
00:01:33 Erdene Resource Development Overview
00:08:11 Why would I look at Erdene now?
00:10:13 Is this the right CEO for Erdene?
00:13:42 Did the CEO have real skin in the game?
00:15:40 Will the board of directors change?
00:17:50 Does the CEO visit the projects?
00:18:47 Will Peter remain the CEO?
00:19:22 Do insiders own a royalty on the projects?
00:19:48 How are insiders incentivized?
00:22:09 What's the real business plan behind Erdene?
00:24:40 What are the immediate next steps for Erdene?
00:30:29 When will they work on the new targets?
00:32:52 How much money do they need for Phase 1 of drilling?
00:33:43 How much money do they have now?
00:34:40 When will they have to raise capital again?
00:35:07 What's the debt repayment plan?
00:37:20 When will they issue a dividend?
00:38:13 Was the MMC deal actually good?
00:40:55 How do they manage potential conflicts of interest?
00:42:40 What are the main risks for Erdene Resource Development?
00:44:58 Is the strip ratio an issue?
00:47:39 Are there other exploration companies in the region?
00:49:15 Why hasn't this ground been explored before?
00:51:26 How are their community relationships?
00:55:53 What's the water situation?
00:58:03 Is there enough skilled labour in Mongolia?
01:03:28 Is there nationalization risk in Mongolia?
01:08:04 Is there windfall taxes risk?
01:10:12 When's the next election in Mongolia?
01:11:30 How is corruption in Mongolia?
01:12:23 How safe is Mongolia?
01:12:54 How much influence does China have?
01:16:00 Who can Erdene sell its gold to?
01:18:27 Can they sell their gold at spot?
01:18:55 Do they have a hedging strategy?
01:20:20 How much are they budgeting for G&A?
01:21:26 Will they increase their marketing spend?
01:24:07 When will they publish a PEA on the moly project?
01:25:00 What's a realistic AISC for the gold mine?
01:26:26 What's the most fair criticism of Erdene?
01:28:18 Very Important Warning
This is an Erdene Resource Development interview with CEO Peter Akerley.
