I see annual report has been released - audited to follow. Was announced on radio this morning
From a post of mine in May: "Some commentators think the gold price will see one more lurch downwards in 2014 to a final bottom and capitulation. That may or may not happen, but I have this horrible vision where in a few months time everything is finally ready to go, again, at which point we get another spasm in the gold market and the investment community junks gold miners even more than they have at the moment. And this time I don't think there'll be another chance." From June Quarterly report: "the Company hopes to present the preferred development plan and revised project economics during the third quarter." Two working days left of the third quarter. No sign of revised economics or development plan. Price of gold looking likely to test $1,180 again. Anyone want to cheer me up and/or tell me to grow a pair? I mean it's great that the RMB loan is sorted until the end of next year but my nerves are starting to fray.
18 Sep '14
They should be buying SGZ
As the independence vote takes place, Scottish investment in physical gold has surged by 42pc in the past fortnight – on top of the traditional rise in gold demand at this time of the year. http://www.telegraph.co.uk/finance/commodities/11104055/Super-rich-rush-to-buy-Italian-Job-style-gold-bars.html
11 Sep '14
Thanks Graham, That does confirm, that outside ASX, I am the largest holder. Only directors with payments in shares can overtake. Only major differences to the figures on the Company website, for top investors, being significantly incorrect as well. gla genuine ones - RM The morning shall come
11 Sep '14
Neither the Scottish government nor the uk government has shown any interest in supporting this project to date, despite rhetoric about job creation. It's difficult to see why any independent Scottish government would suddenly show interest, given everything else they would be going on. A yes vote would probably put further downward pressure on sterling, and I doubt any Scottish currency would prosper initially, so I guess that makes the gold more valuable.
10 Sep '14
Hi RM, Based in England and have crossed the 21m mark there is also another England "based " holder; Mr William Styslinger 21,055,480 3.76% , although his shares where all purchased on the ASX or direct with the company via placings . More than half of my shares are held on the ASX so you may well be the biggest UK holder .
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