Member Info for elir71

@skeb ... to the ton of what ?

https://www.proactiveinvestors.co.uk/companies/news/16730/scotgold-resources-returns-high-gold-and-silver-grades-at-beinn-udlaidh--20129.html

Gold content per Tonne of ore

I'll thank you for taking a less patronising attitude towards me

Given that GF felt the need to issue a video clarifying concentrate grade and the attendant halving of the sp, then there is an awareness of the negative sentiment caused by withholding grammes of gold per tonne of ore.

We know they know that figure

Witholding that fosters mistrust

I would like to know the gold content per tonne of ore. Although it is pleasing to note the excellent recoveries of the pilot plant the viability of the mine is heavily dependent on the gold content per tonne of ore, as the mines main direct cost can be summized to a cost of mining one tonne of ore. The reward being the gold content per tonne of ore.

Why persist in withholding this info? It is the main driver Suppressing the sp. In 2021

@noobz
I'd like to see the company progress any permissions needed to bring Gwynfynydd forward also so that we are not in a position of waiting on others again.

The service levels published by natural resources Wales suggest a 4 month timescale from application. So I'd expect 19 July. However that is a guideline not a deadline. I've said for a long time that this permit is critical to the future of the project

Another reason for discontinuation was the need to dewater to gain access to previously unmined areas which drilling suggests has considerable amounts of ore. There is no reason to not assume a. Similar grade to the past, average of 17 g Au / T ore, however most of the ore will be at 2 g Au / T, with super rich areas of very limited extent raising that average. Where, when? unknown.

@ParishLantern, with respect to your interest in Graphite resource, you may wish to consider an investment in the new IPO when the time comes

It is quite right Noobz that you and shareholders should hold the executive to account
I find it disappointing that many private investors tend to think of themselves as punters as opposed to racehorse owners.

With respect to the spoil heap, doesit require any consents to work it, or is it a surface reserve just like a pile of aggregate at a builders merchant

It would be interesting to know to what extent mms are pressured to change quotes through true market force if supply and demand on these thin volumes.

@Andysel, I would hope that assays on drill cores are being done on a rolling basis, though the current surface drilling phase's objectives are about defining structure as opposed to determining grade due to the highly localised nature of ultra high grade zones.

@ocelot ... an alternative to discounting the IPO price (difficult to do with not previous trading history), is to offer warrants to subscribers, out of the money, but with a long expiry date.

Placings to keep the lights on ... problem
Placings to build the business ... no problem

Our situation today is the latter

@ParishLantern
One way to gather funds for the development to self sustaining production of Clogau St Davids is the through selling some of our shareholdings in Newlistco once floated and once the lockin period is over.

I hold some petroteq through HL, but a lot less than a million shares. HL being the "legal" owner would probably own more than 1 million shares. Would they not be approached with an offer ?

I've never had a reply, though many of my questions were answered in the last qa on vox

I think the tide turned some months ago, we're just coming out of slackwater low at present

@Yanis .. .you should bring it up in the next AGM ... well .... virtually you know

Well once he had an operational pilot plant not fully engaged with bulk sampling. No one's going to cruxify him for no gold in the spoil heap so just spit out the results.