Almost a Year Ago22 Nov 2021 12:22
Scotgold Resources Limited (AIM:SGZ), the gold exploration and production company focused on Scotland, is pleased to announce that yesterday, 30 November 2020, first gold was poured at the Company's high grade, low cost Cononish Gold & Silver Mine, ('Cononish') in the Scottish Grampian Mountains area. Following this first pour, which is a major milestone in the commissioning of the processing plant, the Company looks forward to ramping up production at Cononish to design level early in the New Year and taking its place as Scotland's first commercial gold mine. ---------------------The share price is now 58% of what it was then.
The cash coming in now is barely paying the cost to keep it running.Is 2022 the biggie?