Member Info for sniffer78

Q3 Results should see the turnaround for Richland, possibly Q3 update in October ATB

Nice 250k is a Buy Director maybe

In addition to work on the ground developing our recovery operations, we have received significant interest in our gemstones and are building a customer base through sales of our blue and green sapphire production from our current, lower level, production, ready to begin true parcel sales as production volumes increase.

Great find mate

Likely investors adding from profit elsewhere imo ATVB

It could happen as they are mining Gemstones with a monster of a plant The size and quality of stones produced from Nardoo is also significant for Richland. In addition to high levels of sapphire recovered greater than 4.1 millimetres and greater than 5.5 millimetres in size, a number of "special" gemstones (those over about 10 carats in weight) have also been produced from Nardoo. Sapphires in this size range carry a significant premium to the smaller sapphires. "Special" gemstones produced during the 11 months of previous mining included a 63 carat dark blue sapphire, 41 carat yellow/green/blue fancy-colour sapphire, 33 carat yellow green sapphire, 31 carat blue sapphire, 20 carat green sapphire (see figure 2) The market for fancy colour sapphire is increasing and these gemstones attract significant interest. http://www.rns-pdf.londonstockexchange.com/rns/7967I_-2014-6-4.pdf Figure 2. Photograph of a "special" sapphire weighing 31.44 ct produced at Nardoo

Indeed updates this month :-)

Good insight to Reign Sapphire http://client.irwebkit.com/assets/uploads/kit/c4a60d3eb0b577f8befa142d8f05664874d7cc5100122497d4dd32758bd20aff.pdf

Also only one month of Q3 left so could get sneak peek how that's going ATVB

Q2 update due anytime TBH looking for 600,000 + carats for Q2 production, sales channel expanding further, production mods to plant complete or further mods identified to help reduce cost further. Cost per carat reduced further below $1, sales of higher end Sapphires. RLD in talks with high end sapphire buyers REIGN SAPPHIRE CORP etc 800,000 carats to be targeted for Q3 with possible profit for Q3 if not achieved in Q2. break even for Q2 would be great and setting everything up for big push into Q3 profit. ATVB

Would like to think BOD would be topping up after next update, should be good run into Q3/Q4 2016

https://www.youtube.com/watch?v=BeCfkgyLwgs http://www.richlandresourcesltd.com/capricorn-sapphire/

http://www.gia.edu/gia-news-research/seeking-legacy-australian-sapphire

http://www.abc.net.au/news/2016-08-14/rubyvale-queensland-gem-mine-cashing-in-on-boom/7730206

Last push to 4p began in 2014 this moves very quick indeed ATB http://screencast.com/t/BxJS1gy2voR

Spot on all good for further move

Director buying, I wouldn't be surprised to see them adding after next update imo

No Dodgy BOD Here trying to fook people over like most AIM company's, just hard working BOD wanting the company to grow. Best decision was to leave Africa and begin operations in AUS.

no problem with Profit takers we all Aim to do it at some stage ATVB

Traders only selling been match trades ATB