Member Info for Jeremiah99

I don't see why there should be an extended timeframe to production unless there are more bureaucratic hoops to jump through. The quantities to he processed will likely only be in the the tens of tonnes per day IMO. Once we have upgraded the crushing and concentrating equipment we should be good to go.

I have heard it said that some potential take over targets are given the organised online neg treatment in order to keep the s/p subdued prior to an approach. So it's not necessarily Mushinge (or whoev the previous owner of some of our licenses was) nor hostile governments bent on undermining western interests across all facets of society, the culprit may be much closer to home. Indeed, as I've mentioned before, someone on another board years ago pointed the finger at AA themselves as being guilty of just such tactics. Several posters trying to continuously and regularly add nothing but FUD (I presume this is the case as I only read replies to them and I've have them on filter for 18 months) is clearly deeply suspicious and smacks of some kind of subterfuge. Since we seem to be attracting this kind of attention one can only assume interested parties are confident there is much value in our licences, so best to add, if one can, at what may turn out to be ridiculously low prices.

Thanks for your summation of events at Scotgold, Prentice. I'm hoping we can be a small but good quality mine as DA suggested. No need to get heavily indebted for plant and equipment, and minimal waste and tailings to risk us becoming a blot on the landscape.

Anyone followed the rise and fall of Scotgold and the reasons for their demise? A quick look back over some of their RNSs suggests they were a much bigger operation than we intend to be, eventually targeting 72,000 tonnes of ore processing p.a. to give 23,500 ozs (meaning average grade of c. 10.11gms/tonne v our historical 17gms/tonne)

Did they overextend themselves financially or run into environmental issues since they were in a National Park area?

It's their job Seis. Go easy on them, it's either this or the Ukrainian meat grinder... :-(

I'm sure there is a lot going on in the background with Greenroc. All the copious bureaucratic and environmental applications and submissions don't write themselves, together with technical meetings and networking with interested finance and industry players. It's a huge amount of work IMO pulling this all together but we seem to be moving steadily, if slowly, ahead. Just bringing a mine into operation takes time let alone contemporaneously setting up a processing plant elsewhere. Patience required but the rewards ought to be well worth it.

He's an embarrassment...

Perhaps when they find a few handfuls of yellow sparkly bits in the quartz to wave in front of the local TV news cameras?

Yes we sat for several years wondering if the pandemic, bats and water disposal issues were ever going to let us get off the ground and now here we are blasting away to pick up where the old time miners left off. I'm sure there are still plenty of rich pickings to be had, at least as much as has already been found over the years, IMO.

To my mind this company has a good product, is well run and has the backing of government and industry alike. Over the medium to longer term it ought to be many multiples of it's current value, therefore I view the occasional placing as a welcome opportunity to add at modest levels.

"Will Sodium Batteries Replace Lithium Batteries?

NO, sodium batteries would not replace lithium batteries in short time. It is generally believed in the industry that sodium-ion batteries and lithium-ion batteries are COMPLEMENTARY to each other rather than substitutes. Due to the low energy density of sodium-ion batteries, they are more suitable for use in medium and low-speed electric vehicles and large-scale energy storage."

https://www.google.com/amp/s/www.dnkpower.com/will-sodium-batteries-replace-lithium-batteries/amp/

Assuming one can trust an AI generated reply, as I posted previously -

"Yes, rocks surrounding gold-bearing quartz can contain gold. For example, in Britain, gold can be found in quartz-sulphide veins that cut through sedimentary rocks of Cambro-Ordovician age. These veins often only contain significant amounts of gold where they intersect graphitic horizons, such as the black mudstones of the Clogau Formation"

With an average historic gold grade of 17gms/tonne within the quartz veins at Clogau, I found it astonishing that background rock may contain over 100 gms/tonne. It will be very interesting to see if this is just a local anomaly or whether these gold levels are distributed further within the mine. Light those dynamite sticks or whatev ASAP - "Fire in the hole!" :-)

*I mean 0.32p

It's pretty obvious 0.0032 is how the s/p is denoted in £ and 0.032 is in pence. A bit low to so quickly accuse someone of lying IMO. Hope to see you at £0.0032+ Caspia

I also think a Mcap of £200-300m is quite feasible should we find decent amounts of copper but maybe within 12-18 months rather than the end of this year?

1.95 to 2.20 is a 12.5% spread. They tend to widen the spread overnight until the market opens and things start to move again.

If I tell you there's actually no gold left at Clogau and it's all been an elaborate con to line George's pockets, will you promise to go away and play on the motorway instead?

Ah, I see that Meghan got there first. Not sure if we mined that bit of gold ourselves tho? Not important...

If I were George I would get a bit of publicity going for the inaugural blasting and/or thereafter use the first couple of ounces of gold to create a little souvenir to present to William Prince of Wales as the first new gold in decades to be mined at this historical source of royal gold.

I seem to remember 14p if our share of those billions of barrels of HH oil ever materialised. We were proper mugged by the snake oil salesmen back then but I'm far more confident there's still gold to be found in these hills.