potential22 Apr 2016 10:06
Another reason why I like the potential I see here.
From the RNS of 20th April;~
The acquisition completed in July 2015 has provided us with access to an exciting project with major resources and significant discovery potential in a proven gold region. Additionally, thanks to the support from our local partner, we expect both the near term small scale ore production and the larger scale operation we will be aiming to deliver in the future to be achieved at low cost due to the infrastructure they own nearby, which has excess capacity. I look forward to this time next year when we expect our balance sheet will be significantly strengthened by our forthcoming activities.
Add in this from the same RNS;~
The year under review has been a transformational period for your Company. Twelve months ago, Noricum Gold was a grass roots explorer with an Austrian focused portfolio of highly prospective licences that were years away from first production. Today, we are a late stage developer of a major resource in Georgia focused on delivering high grade, low cost, gold ore production in Q3 2016.
Then take on board the last statement ~ high grade low cost producer. for Q3 2016 .Also take on board the total change in the BODs thinking patterns with the new approach to business.
Fully confirms mysterious investment interest which takes into account the risk.