Member Info for Bigbadbaz

Will production keep going between phase 1 and 2 ?.Ie room to build the new plant along side the running one.There was talk earlier of using some parts from phase one into phase 2.This would halt production for a while.

Cononish may be first but unless there is a seamless start up between mines holding back some fat to feast on makes sense to me .However as I prveiously said they will surely done the figures

TLC, I hear what you are saying and they will have done their sums but it seems a waste to extract and throw away the premium .Could be like whisky, ie when the mine is exhausted have some for future years.Better to borrow at 9% and keep the 30% premium flowing for a few more years.

He said that if Scottish gold production (ie 25% outstripped the premium price demand then the remainder would go in the concentrate pot.I would like to think that it would be better to drip feed the market ie only sell at the premium and bank the rest to sell when there is a demand.

Glad today. Goodbye NG! If you bit the bullet 2 days ago,why are you glad today?

Hullo Glen,I was up your way yesterday.Boolin' in a wee toon called Stanley.Great weather and 2 pubs,Crackin' bit o' the country.

There will be some who will take the div and run, even with a hefty loss. If I was going to sell I would go before ex D.why sell at a loss then pay tax on the divi as well ?

Have we peaked ? 2 trading days before ex D and they were down in the US yesterday.Not following my plan at all.

TLC, I did say near term ie the next few months being what I would call near term.If they keep to schedule and achieve the tonnage with the expected gold extraction then it will not be down here, Troajan before you say it I am stating the obvious lol.

Aah but that is the problem here TLC.The shares are not for sale.It is kinda hard to buy 100 000 of these in a oner. Buying 500- 1000 at a time is cost prohibitive.Think positive , if Shylock talked the shares down to buy them cheap then A, he must think they are worth it and B, everybody else gets to buy them as well. Personally I think he is winding you up.

Those entering now are onto a good thing, no doubt. "All looking very positive. As you said before, ''1/3 of a penny pre consolidation.It was about 1.2p just before BPT. This should be going through the roof (ok a small roof).What is going to drive it up in the near future?. All constructive abuse welcome.

you could be right about production in h1 of 2019. its an old historic mine,so semi finished,the timelines could very well be before q1/19 1500 tonnes per month in any month in 2019 will be good going

we assume underground mining and processing operations starting off at 36ktpa (14kozpa) in H1/19 before ramping up to 21kozpa in 2022; Production in H1/19. I very much doubt that.Time will tell.

With the removal of the need for a tailings dam a large slice of capital has been removed, full scale funding is now less than �15M aah but you are being dis ingenious are you not? You know very well that the dry stack actually costs more in the long run.It is just pay as you go.Back to the no free lunch part again.

Baz to Baz, the tail wind is now here. Remember the �18 mill was for the full blown mine.We are building a smaller version therefore the cheaper price,Money will have to be spent down the road to build the bigger version.There is no free lunch here or anywhere else. The pot of gold has never changed, we are still chasing the same amount of gold laden ore.You like to quote past comments when it suits you. Sgz is littered with broken shareholders and missed targets.It takes a giant leap of faith to think that it will go in a straight line from here on.I wish it well regardless of what you might think .I do not wear rose tinted glasses. as the song says ''There may be problems ahead''.Enjoy yer weekend.The sun shines on Leith.

A loan of �5M is nothing less than a vote of confidence. Samson, better where we are than where we were for sure.This has to be paid back bt the end of March 2021 (or it may be extended of course but increases further debt). The �5 mill on that date will be approx �6.5 mill. If production and recovery all go to plan then this amounts to between 7-8 months gold production just to pay back the loan.There is still a long hard road ahead.

"but who will actually own this mine?" Shareholders, with NLR very likely to be diluted out to below 50% Honestly, who let the remedial kids in? Eh? Eck 71 Do you remember this from only 3 months ago? So NLR now owns 52% + being the owner of a secured loan for �5m at 9% interest with the security being the whole kit and caboodle. Remedial kids you say, hmmm

For a share that could not be bought for love nor money there sure is a feeding frenzy today

Def, fuller than before.Planning consent still to go through making it another bit later than planned.We are into the final furlong .

lol yayay yer a wag