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Podcast: Company Interviews
Episode: Erdene Resource Development (TSX:ERD) - Mongolia Gold Producer with $130M Annual Cash Flow Potential
Description: Interview with Peter Akerley, President & CEO of Erdene Resource Development Corp.Our previous interview: https://www.cruxinvestor.com/posts/erdene-resource-development-tsxerd-high-grade-gold-producing-in-2025-5824Recording date: 6th November 2024Erdene Resource Development is approaching a significant transition from developer to producer, with its Bayan Khundii gold project in southwestern Mongolia approximately 60% complete and targeting first production in mid-2025. The project represents a compelling investment opportunity, combining near-term production with substantial district-scale growth potential.The initial operation, designed to produce 85,000 ounces of gold annually, is particularly attractive in the current gold price environment. At around $2,800/oz...