Member Info for AMor15

Gareth,

Exactly what Lp just said. By all means you follow your own instincts and buy as much as you like - I think you’ll have plenty of opportunity today.

What planet are you on..?
There isn’t a shred of certainty or a single deliverable that has been achieved.

The last time Voting rights was posted on the 26th Feb it preceded an update the following week. Same again?

I’ve just had a look and most of Greatlands returned at 8-9 g/t... the lowest was 2 g/t and over 12 g/t was their highest from the most recent Havieron drill results. Virtually all within the high quality grade.
If there was high grade here then at least some of the initial intersects would have revealed higher grams per ton especially when you consider we are drilling through known vein deposits. Imo these are pretty low grade results and I was hopeful of much better.

I’ve just spent a bit of time looking into Gold grades and the levels that typically get mined across various existing underground or open pit mines.
The industry standard so to speak considers 1-4 grams per ton as ‘low quality’ with 8-10 gpt ‘High quality’ so given our early indications we should probably not get too carried away as whilst there is undoubtedly gold there it would appear to be on the low side and with the cost likely to be pretty steep to extract it our focus maybe better sifted to other projects.

Currently sitting at +11%

All of a sudden it feels like we’re getting more desperate by the day with the focus shifting to chasing gold in scraps or dumps or previously mined material.
It’s really beginning to concern me that the approach here has become one of desperation perhaps due to poor results from the drilling.
Surely our sole focus and all resource should be aimed at our primary targets in the gold baring areas that have been detected..?

The worst sentence I’ve read since I’ve held this share...

‘’ This first bulk sample was taken from previously worked areas of the Mine, and as such the Company is not anticipating high-grade results from this initial processing exercise.’’

We need to keep our emotions in check a little I think.
Some positive news today and we have retraced a decent chunk of ground today. I see today’s Certification of the mask another string to our bow and something that can only help in our pursuit of orders and contracts.
There are still a couple of significant challenges facing us at present namely the operational capacity of the machine and when or if this will hit its optimal production levels. And then of course there needs to be the long term agreements for supplying masks to organisations and generating much greater awareness of the masks and its benefits.
I don’t doubt that we have a great product but until we achieve either of the above we will see the SP yo yo for the foreseeable future depending on speculation.

GT is Graeme Todd

The Reasoning GT gave me was due to the fact that you do not need to be certified in order to sell masks. So therefore it’s been deemed by nomad as not market sensitive or a requirement to release a Market update.

Thank you.

It is all completely legit, just spoken to GT and the info re being certified has been deemed not market sensitive so no RNS required.
GLA

Has the tweet been deleted regarding the approval? I’ve just checked and can’t see any recent tweets..!?

It’s more likely that Sierra are dragging their heels or just not providing the info we need just like when the terms of the China payments were changed...
Thats what I believe to be more likely anyway

The same 2 months LY

Bid showing at 7.5 and up 10%

Great market to tap into and will definitely support future technological improvements and opportunities.

I hadn’t been able to find until you posted that link... waded through page after page, different search parameters looking for them. Can’t be doing the brand any favours being that hard to come across. There are some very compelling other products which much larger quantities available for less on the same page. Our mask doesn’t leap off the page as anything special or unique so can’t see why any mainstream customer would buy this mask vs any other. Urgently needs to highlight the unique selling points far better.

http://nora.nerc.ac.uk/id/eprint/11831/1/Gold_proof_11_7July2010.pdf

Not sure if this has been shared or posted before but does contain some references and history to the area and mine.

So many variables are in play still that we shouldn’t get too carried away.
In any case we would need to see a minimum of a quarter ounce per ton to make extraction worth it. Bare in mind it will not be cheap to extract from this source so really would need to see half an ounce in reality to make a profit from this venture. That would mean 12500 ounces with a value in around £15m which we may be able to turn 10% profit on.