The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
It's ok I found it. Here'tis.
"The immediate aim is to be mining around 3,000 tonnes of ore per month from the second quarter of 2020, to produce around 12,000 ounces of gold per year.
Initially the company will be processing development ore, which may deliver variable grades, but by the second half of 2020, it’s anticipated that the operation will have bedded down, with gold production well established and cash flow coming in.
At that point, it will be time to start considering the second phase of development, designed to bring production up to 24,000 ounces a year."
In fact that's a bit more of it. adds a touch to the overall picture does it not?
link?
https://www.proactiveinvestors.co.uk/companies/news/219102/scotgold-on-track-to-pour-first-gold-from-cononish-in-december-219102.html
"From Pro actve Investors
Can we have a link please BBB?
"From Pro actve Investors
Can we have a link please BBB?
Sorry lost a sentence. "Anybody Know what she's up to?
Shylock..... less said the better, vermin.
Now then, speaking of enemies , the ginger witch was a blatant, vicious and proud enemy of this project. Her defeat and banishment was a milestone.
Anyone who had a hand in her downfall deserves a peerage.
Evening,
What have I done? Woke up the sleeping monster again! Speak of it and it rises! lol.
That's another drink I owe you all as an apology, it will be supplied at the next mine visit.
Regards
Hi HS
That 25% was of the darker coloured stuff. That'll be the spoil. I have no idea how far the flat top has been extended forward as well, I'll find out next month.
I might just go on a working day, knock the house door and ask what's going on.
Evening HS,
On the way up the road I took a poor pic that shows the spoil heap top is now level left from the adit (ie is higher) and extends to about halfway along the front bag at a 45 degree angle. The change in colour due to the spoil seems about 20/25% bigger as well. Bear in mind I was obviously to the left of the twitter pic taker so perspective is skewed. Probably more there than I could see from where I was.
I circled round to the left towards the waterfall and once I realised the further left I went the less I would see of the adit and spoil because of the angle I stopped before I got above it. So no can't report on ground works.
I was under pressure to be quick because my wife stopped and returned to the house because of Cleg attacks. Next month I will go alone and go right at the gate and get above as well.
As said earlier I'll try and find the twitter pic site, If not I'll find a decent position. then we will get a fair comparison. I have been told by medics I have to exercise my knees so this might well.become a regular thing. The 6 miles or thereby to the mine and back is apparently just the ticket.
Regards.
Evening,
I had a stroll up to the mine. Gate was locked, Sunday is the day of rest after all. I had a good roam about. Stayed outside the fence though.
Several routes to local points of interest have been diverted due to the mine. I had a walk round the exclusion area to the waterfall area. There is a sign post but no path lol. Just shows how few people get up there. In fact on a cracking day I saw nobody on the Cononish road at all. So much for the Canonby tourist trail.
I haven't been up there for quite a while so it's hard to report recent progress, however compared to the twitter pics the pile of spoil appears to extend a good bit further to the left of the adit.. So they must be shifting a lot of rock.
Next time I go up I'll take the camera rather than the phone, try and find the same viewpoint and take some pics. I'm sure if I sent them to the twitter site owner he would be glad to put them up. lol.
Regards.
Afternoon,
Eck, I emailed the company re the website, it's been under construction for months. They can "see the light at the end of the tunnel for this" now.
Evening all,
Rockie, As a newcomer to this coffin dodging/retirement lark,with time to look at the media, I have recently come to the conclusion that worrying about the antics of the great and (maybe not so) good is a waste of my time. I suspect the second rate characters jockeying for position accurately reflects the state of UK politics. Waste of all our time! I don't get annoyed anymore, I turn it off.
However, to interesting stuff. Apparently the light is at the end of the tunnel regarding the new website. I suspect a progress report is not that far away.
"a few times without trying" That is spin of the first order lol
"Start a fight in a empty house" is the phrase that comes to mind. LOL.
Evening,
BBB "got a rise out of, got a rise from" meaning elicited an angry response.
Mea culpa, I was to blame for the price drop. Unfortunate use of "exercise and Options" in a previous post.
Commentators kiss of death etc.
Evening,
BBB, you have managed to get a good rise on here many a time lol
However this time, Mea culpa, Twas I.
Apologies all. I will never use the words opt***s and ex***ise in the same sentence again.
Thanks BBB, every day is a school day.
Evening,
Thanks for that BBB. What practical reasons if not time? any information based on experience? or failing that ideas?
regards all.
Afternoon scotgolders, a poor one it is too, I'm bored so...
40p options, I seem to recall talk of coordinating the exercising of options to reduce the financial burden of repeated RNS on the company. Did anything get suggested/decided? Does anyone know the cost of a RNS/
Congrats on being back in the black Rock. Give my best to your good lady.
I was once talking to a mining engineer in an adit and asked him how fast one could be driven and what affected it. Part of the reply, was that clearing the air was a major constraint and obviously the further in one went the longer it took. Perhaps this is why the company are using the quiet explosive.
I sent my son the adit progress pics on the twitter site, I do like to keep him up to date with his inheritance. After looking at them many times, I finally realised that the handsome chap on the right in the pic of the existing adit is....me lol.
Hello,
Glen, sounds like a plan. Not the first week in July though. G has my email if you don't.
Rock, are you going to dust off the bus pass this year?