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Steppe Gold Ltd

Ylin-
Alin-
Vaihto-
2026 Q2 - tulosraportti

Vain PDF

38 päivää sitten

Tarjoustasot

Määrä
Osto
-
Myynti
Määrä
-

Viimeisimmät kaupat

AikaHintaMääräOstajaMyyjä
----

Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.

Rahastot ja ETF:t, joilla on osaketta

Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.

Yhtiötapahtumat

Datan lähde: Quartr
Seuraava tapahtuma
2026 Q3 - tulosraportti
13.11.
Menneet tapahtumat
2026 Q2 - tulosraportti
14.8.
2026 Q1 - tulosraportti
14.5.
2025 Q4 - tulosraportti
31.3.
2025 Q3 - tulosraportti
14.11.2025
2025 Q2 - tulosraportti
13.8.2025

Uutiset

Ei uutisia tällä hetkellä
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.

Foorumi

Liity keskusteluun Nordnet Socialissa
Kirjaudu
  • 10.9.
    ·
    The timeline for the ATO Phase 2 expansion at [Steppe Gold](https://steppegold.com/) has entered a critical stage in 2026, where the company balances significant progress against increased costs and regulatory updates. The project involves the mine transitioning from surface leaching (Phase 1) to large-scale crushing and extraction of deeper sulfide ores. [1, 2, 3] Here is a detailed review of the timeline, milestones, and recent adjustments: ## 📅 Current Timeline and Milestones (2026–2028) Steppe Gold originally aimed to achieve commercial production for Phase 2 in early 2026, but the timeline has been shifted as the project's scope has grown and a revised feasibility study has been commissioned. [2, 4, 5] * Second half of 2026 (Upcoming milestone): Completion of the revised feasibility study (Feasibility Study). This is absolutely crucial as the board decided at the end of 2025 to increase capacity to 3.3 million tonnes of ore per year and introduce a new zinc flotation process. The report will pin down the final economic timeline and capital requirements. [2, 5, 6] * End of 2026 / Early 2027: Completion of infrastructure around high-voltage power lines and completion of expanded water exploration studies approved during summer 2026. [3] * Mid-2027 to Early 2028: Expected production start for the new concentrator and crushing plant. Full commercial production is expected to stabilize during 2028. [5] * Goals after completion: The expansion extends the mine's life until December 2036. Production is expected to increase from today's base levels (68,000 ounces) to over 100,000-140,000 ounces of gold equivalents per year during the first 12 years. [4] ------------------------------ ## ⚙️ Key Events during Summer 2026 that Changed the Situation In recent months, Steppe Gold has made several major strategic decisions that directly impact how quickly and safely Phase 2 can be built: 1. Expanded Construction Agreement (June 2026): The company signed an amendment agreement with its main contractor Hexagon Build Engineering. The contract value for Phase 2 was sharply increased from 148.8 million USD to approx. 238.2 million USD to cover the expanded capacity and the new process design. [3, 4, 7] 2. Secured Land Permits (August 2026): The company announced in its latest interim report that they have finally received the necessary land permits (land permitting approval) approved for the expansion area, which removes a major regulatory question mark. [3] 3. Debt Extension Provides Breathing Room (August 2026): To prevent the timeline from collapsing due to liquidity shortage, the company managed in August to restructure its large loan with Trade and Development Bank of Mongolia (TDB). The outstanding debt of 49.6 million USD was deferred and is now to be paid in five installments during spring and summer 2028 – i.e., after Phase 2 is expected to generate cash flow. [3] ------------------------------ ## ⚠️ Risks in the Timeline that Management Flags CEO Tserenbadam Dugeree emphasized in August 2026 that the company is currently adopting a "controlled and disciplined" approach to the project. Before the new feasibility study is fully completed this autumn, the company will tighten its purse strings to avoid acute financing problems in the prevailing high-tax climate. The biggest risks for further delays are logistics chains in Mongolia and the final negotiations regarding external project financing for the expanded construction. [2, 5, 6] [1] [https://steppegold.com](https://steppegold.com/operations/producing-mines/altan-tsagaan-ovoo/) [2] [https://www.otcmarkets.com](https://www.otcmarkets.com/stock/STPGF/news?id=531882) [3] [https://finance.yahoo.com](https://finance.yahoo.com/markets/commodities/articles/steppe-gold-announces-q2-2026-210000874.html) [4] [https://www.juniorminingnetwork.com](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2601-tsx/stgo/153970-steppe-gold-signs-epc-contract-for-phase-2-ato-expansion.html) [5] [https://steppegold.com](https://steppegold.com/operations/producing-mines/altan-tsagaan-ovoo/) [6] [https://www.tradingview.com](https://www.tradingview.com/news/tmx_newsfile:2fb369f46094b:0-steppe-gold-announces-q2-2026-financial-results/) [7] [https://www.newsfilecorp.com](https://www.newsfilecorp.com/release/303004/Steppe-Gold-Amends-EPC-Agreement-for-ATO-Phase-2-Project) [8] [https://steppegold.com](https://steppegold.com/wp-content/uploads/2022/10/STGO-Investor-Deck-June-2022.pdf)
    11.9.
    ·
    Ok, I thought there had been news.
  • 17.8.
    ·
    Results for H1 2026 are now up on the website. Does anyone have any comments? 🤔
    17.8.
    ·
    Maybe it's H1 that is the cause of the increase - others are rising too 😉👍
  • 26.7.
    ·
    One cannot invest in mongolia. I believe the workers steal the gold after the shift ends. It also has poor liquidity, no thanks. Tobias Norberg out
    18.8.
    ·
    Guards! They are getting away with all my gold!
  • 13.5.
    ·
    Increased my holding in Steppe Gold by a factor of 5. The company has fantastic earnings development. Of course, it's a bit risky with a country sandwiched between Russia and China and turbulence in the company's management. I hope for a good report on Monday and that Nordnet's 1-year forecast comes true with the price of 5.69 CAD in one year.
    29.6.
    ·
    It should have said a significant cost increase...
  • 10.4. · Muokattu
    I think the market doesn't get this stock. A positive Q4 report confirms 120k ozs per year with an AISC of 1044 WOW. Using EBIDTA I'm getting a 1.50 EPS and a PE under 1 at 4200 gold. When the market gets it and reprices Steppe to a normal 5 - 12 PE that's 7.50 per share at least from here and it's coming. So to accumulate here seems to be a no brainer if not a fantastic opportunity moving forward with these prices at 4200 + gold. It's all profit from here and with the companies I follow, this is the cheapest by far. Never say never, but if Mongolia behaves, how can this stock ever trade under 1 dollar again above 2500 gold price. I would recommend you do your due diligence and take a small position here. GL
    13.4.
    ·
    Where did you get 120 ounces for 2026 from? I haven't seen this, common forecasts are 65000-70000 without fast-2. Nor AISC at 1044. Where did you get that from?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, ​​eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.

Tuotteita joiden kohde-etuutena tämä arvopaperi

Välittäjätilasto

Dataa ei löytynyt
2026 Q2 - tulosraportti

Vain PDF

38 päivää sitten

Uutiset

Ei uutisia tällä hetkellä
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.

Foorumi

Liity keskusteluun Nordnet Socialissa
Kirjaudu
  • 10.9.
    ·
    The timeline for the ATO Phase 2 expansion at [Steppe Gold](https://steppegold.com/) has entered a critical stage in 2026, where the company balances significant progress against increased costs and regulatory updates. The project involves the mine transitioning from surface leaching (Phase 1) to large-scale crushing and extraction of deeper sulfide ores. [1, 2, 3] Here is a detailed review of the timeline, milestones, and recent adjustments: ## 📅 Current Timeline and Milestones (2026–2028) Steppe Gold originally aimed to achieve commercial production for Phase 2 in early 2026, but the timeline has been shifted as the project's scope has grown and a revised feasibility study has been commissioned. [2, 4, 5] * Second half of 2026 (Upcoming milestone): Completion of the revised feasibility study (Feasibility Study). This is absolutely crucial as the board decided at the end of 2025 to increase capacity to 3.3 million tonnes of ore per year and introduce a new zinc flotation process. The report will pin down the final economic timeline and capital requirements. [2, 5, 6] * End of 2026 / Early 2027: Completion of infrastructure around high-voltage power lines and completion of expanded water exploration studies approved during summer 2026. [3] * Mid-2027 to Early 2028: Expected production start for the new concentrator and crushing plant. Full commercial production is expected to stabilize during 2028. [5] * Goals after completion: The expansion extends the mine's life until December 2036. Production is expected to increase from today's base levels (68,000 ounces) to over 100,000-140,000 ounces of gold equivalents per year during the first 12 years. [4] ------------------------------ ## ⚙️ Key Events during Summer 2026 that Changed the Situation In recent months, Steppe Gold has made several major strategic decisions that directly impact how quickly and safely Phase 2 can be built: 1. Expanded Construction Agreement (June 2026): The company signed an amendment agreement with its main contractor Hexagon Build Engineering. The contract value for Phase 2 was sharply increased from 148.8 million USD to approx. 238.2 million USD to cover the expanded capacity and the new process design. [3, 4, 7] 2. Secured Land Permits (August 2026): The company announced in its latest interim report that they have finally received the necessary land permits (land permitting approval) approved for the expansion area, which removes a major regulatory question mark. [3] 3. Debt Extension Provides Breathing Room (August 2026): To prevent the timeline from collapsing due to liquidity shortage, the company managed in August to restructure its large loan with Trade and Development Bank of Mongolia (TDB). The outstanding debt of 49.6 million USD was deferred and is now to be paid in five installments during spring and summer 2028 – i.e., after Phase 2 is expected to generate cash flow. [3] ------------------------------ ## ⚠️ Risks in the Timeline that Management Flags CEO Tserenbadam Dugeree emphasized in August 2026 that the company is currently adopting a "controlled and disciplined" approach to the project. Before the new feasibility study is fully completed this autumn, the company will tighten its purse strings to avoid acute financing problems in the prevailing high-tax climate. The biggest risks for further delays are logistics chains in Mongolia and the final negotiations regarding external project financing for the expanded construction. [2, 5, 6] [1] [https://steppegold.com](https://steppegold.com/operations/producing-mines/altan-tsagaan-ovoo/) [2] [https://www.otcmarkets.com](https://www.otcmarkets.com/stock/STPGF/news?id=531882) [3] [https://finance.yahoo.com](https://finance.yahoo.com/markets/commodities/articles/steppe-gold-announces-q2-2026-210000874.html) [4] [https://www.juniorminingnetwork.com](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2601-tsx/stgo/153970-steppe-gold-signs-epc-contract-for-phase-2-ato-expansion.html) [5] [https://steppegold.com](https://steppegold.com/operations/producing-mines/altan-tsagaan-ovoo/) [6] [https://www.tradingview.com](https://www.tradingview.com/news/tmx_newsfile:2fb369f46094b:0-steppe-gold-announces-q2-2026-financial-results/) [7] [https://www.newsfilecorp.com](https://www.newsfilecorp.com/release/303004/Steppe-Gold-Amends-EPC-Agreement-for-ATO-Phase-2-Project) [8] [https://steppegold.com](https://steppegold.com/wp-content/uploads/2022/10/STGO-Investor-Deck-June-2022.pdf)
    11.9.
    ·
    Ok, I thought there had been news.
  • 17.8.
    ·
    Results for H1 2026 are now up on the website. Does anyone have any comments? 🤔
    17.8.
    ·
    Maybe it's H1 that is the cause of the increase - others are rising too 😉👍
  • 26.7.
    ·
    One cannot invest in mongolia. I believe the workers steal the gold after the shift ends. It also has poor liquidity, no thanks. Tobias Norberg out
    18.8.
    ·
    Guards! They are getting away with all my gold!
  • 13.5.
    ·
    Increased my holding in Steppe Gold by a factor of 5. The company has fantastic earnings development. Of course, it's a bit risky with a country sandwiched between Russia and China and turbulence in the company's management. I hope for a good report on Monday and that Nordnet's 1-year forecast comes true with the price of 5.69 CAD in one year.
    29.6.
    ·
    It should have said a significant cost increase...
  • 10.4. · Muokattu
    I think the market doesn't get this stock. A positive Q4 report confirms 120k ozs per year with an AISC of 1044 WOW. Using EBIDTA I'm getting a 1.50 EPS and a PE under 1 at 4200 gold. When the market gets it and reprices Steppe to a normal 5 - 12 PE that's 7.50 per share at least from here and it's coming. So to accumulate here seems to be a no brainer if not a fantastic opportunity moving forward with these prices at 4200 + gold. It's all profit from here and with the companies I follow, this is the cheapest by far. Never say never, but if Mongolia behaves, how can this stock ever trade under 1 dollar again above 2500 gold price. I would recommend you do your due diligence and take a small position here. GL
    13.4.
    ·
    Where did you get 120 ounces for 2026 from? I haven't seen this, common forecasts are 65000-70000 without fast-2. Nor AISC at 1044. Where did you get that from?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, ​​eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.

Tarjoustasot

Määrä
Osto
-
Myynti
Määrä
-

Viimeisimmät kaupat

AikaHintaMääräOstajaMyyjä
----

Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.

Rahastot ja ETF:t, joilla on osaketta

Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.

Yhtiötapahtumat

Datan lähde: Quartr
Seuraava tapahtuma
2026 Q3 - tulosraportti
13.11.
Menneet tapahtumat
2026 Q2 - tulosraportti
14.8.
2026 Q1 - tulosraportti
14.5.
2025 Q4 - tulosraportti
31.3.
2025 Q3 - tulosraportti
14.11.2025
2025 Q2 - tulosraportti
13.8.2025

Tuotteita joiden kohde-etuutena tämä arvopaperi

Välittäjätilasto

Dataa ei löytynyt
2026 Q2 - tulosraportti

Vain PDF

38 päivää sitten

Uutiset

Ei uutisia tällä hetkellä
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.

Yhtiötapahtumat

Datan lähde: Quartr
Seuraava tapahtuma
2026 Q3 - tulosraportti
13.11.
Menneet tapahtumat
2026 Q2 - tulosraportti
14.8.
2026 Q1 - tulosraportti
14.5.
2025 Q4 - tulosraportti
31.3.
2025 Q3 - tulosraportti
14.11.2025
2025 Q2 - tulosraportti
13.8.2025

Tuotteita joiden kohde-etuutena tämä arvopaperi

Foorumi

Liity keskusteluun Nordnet Socialissa
Kirjaudu
  • 10.9.
    ·
    The timeline for the ATO Phase 2 expansion at [Steppe Gold](https://steppegold.com/) has entered a critical stage in 2026, where the company balances significant progress against increased costs and regulatory updates. The project involves the mine transitioning from surface leaching (Phase 1) to large-scale crushing and extraction of deeper sulfide ores. [1, 2, 3] Here is a detailed review of the timeline, milestones, and recent adjustments: ## 📅 Current Timeline and Milestones (2026–2028) Steppe Gold originally aimed to achieve commercial production for Phase 2 in early 2026, but the timeline has been shifted as the project's scope has grown and a revised feasibility study has been commissioned. [2, 4, 5] * Second half of 2026 (Upcoming milestone): Completion of the revised feasibility study (Feasibility Study). This is absolutely crucial as the board decided at the end of 2025 to increase capacity to 3.3 million tonnes of ore per year and introduce a new zinc flotation process. The report will pin down the final economic timeline and capital requirements. [2, 5, 6] * End of 2026 / Early 2027: Completion of infrastructure around high-voltage power lines and completion of expanded water exploration studies approved during summer 2026. [3] * Mid-2027 to Early 2028: Expected production start for the new concentrator and crushing plant. Full commercial production is expected to stabilize during 2028. [5] * Goals after completion: The expansion extends the mine's life until December 2036. Production is expected to increase from today's base levels (68,000 ounces) to over 100,000-140,000 ounces of gold equivalents per year during the first 12 years. [4] ------------------------------ ## ⚙️ Key Events during Summer 2026 that Changed the Situation In recent months, Steppe Gold has made several major strategic decisions that directly impact how quickly and safely Phase 2 can be built: 1. Expanded Construction Agreement (June 2026): The company signed an amendment agreement with its main contractor Hexagon Build Engineering. The contract value for Phase 2 was sharply increased from 148.8 million USD to approx. 238.2 million USD to cover the expanded capacity and the new process design. [3, 4, 7] 2. Secured Land Permits (August 2026): The company announced in its latest interim report that they have finally received the necessary land permits (land permitting approval) approved for the expansion area, which removes a major regulatory question mark. [3] 3. Debt Extension Provides Breathing Room (August 2026): To prevent the timeline from collapsing due to liquidity shortage, the company managed in August to restructure its large loan with Trade and Development Bank of Mongolia (TDB). The outstanding debt of 49.6 million USD was deferred and is now to be paid in five installments during spring and summer 2028 – i.e., after Phase 2 is expected to generate cash flow. [3] ------------------------------ ## ⚠️ Risks in the Timeline that Management Flags CEO Tserenbadam Dugeree emphasized in August 2026 that the company is currently adopting a "controlled and disciplined" approach to the project. Before the new feasibility study is fully completed this autumn, the company will tighten its purse strings to avoid acute financing problems in the prevailing high-tax climate. The biggest risks for further delays are logistics chains in Mongolia and the final negotiations regarding external project financing for the expanded construction. [2, 5, 6] [1] [https://steppegold.com](https://steppegold.com/operations/producing-mines/altan-tsagaan-ovoo/) [2] [https://www.otcmarkets.com](https://www.otcmarkets.com/stock/STPGF/news?id=531882) [3] [https://finance.yahoo.com](https://finance.yahoo.com/markets/commodities/articles/steppe-gold-announces-q2-2026-210000874.html) [4] [https://www.juniorminingnetwork.com](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2601-tsx/stgo/153970-steppe-gold-signs-epc-contract-for-phase-2-ato-expansion.html) [5] [https://steppegold.com](https://steppegold.com/operations/producing-mines/altan-tsagaan-ovoo/) [6] [https://www.tradingview.com](https://www.tradingview.com/news/tmx_newsfile:2fb369f46094b:0-steppe-gold-announces-q2-2026-financial-results/) [7] [https://www.newsfilecorp.com](https://www.newsfilecorp.com/release/303004/Steppe-Gold-Amends-EPC-Agreement-for-ATO-Phase-2-Project) [8] [https://steppegold.com](https://steppegold.com/wp-content/uploads/2022/10/STGO-Investor-Deck-June-2022.pdf)
    11.9.
    ·
    Ok, I thought there had been news.
  • 17.8.
    ·
    Results for H1 2026 are now up on the website. Does anyone have any comments? 🤔
    17.8.
    ·
    Maybe it's H1 that is the cause of the increase - others are rising too 😉👍
  • 26.7.
    ·
    One cannot invest in mongolia. I believe the workers steal the gold after the shift ends. It also has poor liquidity, no thanks. Tobias Norberg out
    18.8.
    ·
    Guards! They are getting away with all my gold!
  • 13.5.
    ·
    Increased my holding in Steppe Gold by a factor of 5. The company has fantastic earnings development. Of course, it's a bit risky with a country sandwiched between Russia and China and turbulence in the company's management. I hope for a good report on Monday and that Nordnet's 1-year forecast comes true with the price of 5.69 CAD in one year.
    29.6.
    ·
    It should have said a significant cost increase...
  • 10.4. · Muokattu
    I think the market doesn't get this stock. A positive Q4 report confirms 120k ozs per year with an AISC of 1044 WOW. Using EBIDTA I'm getting a 1.50 EPS and a PE under 1 at 4200 gold. When the market gets it and reprices Steppe to a normal 5 - 12 PE that's 7.50 per share at least from here and it's coming. So to accumulate here seems to be a no brainer if not a fantastic opportunity moving forward with these prices at 4200 + gold. It's all profit from here and with the companies I follow, this is the cheapest by far. Never say never, but if Mongolia behaves, how can this stock ever trade under 1 dollar again above 2500 gold price. I would recommend you do your due diligence and take a small position here. GL
    13.4.
    ·
    Where did you get 120 ounces for 2026 from? I haven't seen this, common forecasts are 65000-70000 without fast-2. Nor AISC at 1044. Where did you get that from?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, ​​eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.

Tarjoustasot

Määrä
Osto
-
Myynti
Määrä
-

Viimeisimmät kaupat

AikaHintaMääräOstajaMyyjä
----

Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.

Rahastot ja ETF:t, joilla on osaketta

Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.

Välittäjätilasto

Dataa ei löytynyt