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When SGZ bought licences in Portugal and France when they were skint, it was obvious that they were amateurs just playing themselves.
''How nlr thinks his reputation will survive this one, is anyone’s guess. '' I don't think NLR will care about his reputation. Any road, I think he was conned just like everybody else. The original figures did not add up for me,too little gold to warrant a whole mine.
And very little harmony either yay😁😁😁
Well. It is now.😡😡😡
Ie
''That's interesting. I remember coal miners in the north of England earning £20K back in the 80's.''. Bismark, I left the mining industry in 1983.I was a coal face electrician at the the time and the national wage at the time for the coal face was £26 /shift ie
''I wouldn't do mining for £30K either. I've no idea what they actually earn drilling underground''. IIRC, the adverts for Cononish miners were £20k/annum +shift allowance.It was peanuts.
PS, £30k/annum is p**s poor wages for working underground.
''I've watched numerous podcasts from Mark Learmonth of Caledonia who operate the Blanket mine ''and the Blanket is mining 4 gms/tonne,the cut off point at Cononish.
'' As for labour and costs, yes, much cheaper when paying peanuts to exploited migrant labour.''. In South Africa today it costs approx £1000/oz to produce. Connonish bragged about £650/oz therefore the wages per miner are irrelevant in this case,
Well George,you know who you are and what you have done before.A private prosecution will not be cheap.The directors will have deep pockets of their own.You must have lost a packet to even consider this. I wish you well.
''but someone will do time for this and I will make sure they do ''. And how will you manage that George?..The jig is up, nobody will go to jail.Cononish will either close altogether or run under another flag with zilch for former shareholders. As I said the jig is up and the game is over.
''Hopefully also, some posters might not continue to bore us with their fixation with another former poster!''. RH,when that dies out here will be nothing else to talk about.
'My position is that I have a large pot of money to put somewhere,''.Gary, just put it in NSa I bonds at 6.2 %.Safe and easy.I am extricating myself out of the stock market.The risk/reward is now no longer worth it. The tax advantages are all but dried up.So much for the tories.
If anybody was scammed it was NLR. I have said for years that in hindsight he would not have touched this place with a barge pole.Once he was snared he had to throw good money after bad.