Member Info for sniffer78

Any link with them and RLD will go bonkers

http://client.irwebkit.com/assets/uploads/presentation/e251446f65a8638ce7519c371400f51e6de2873e4252b71a39f3cd4f17b258db.pdf

Also Sept 2014 Significant cost cutting programme initiated across all areas of the group including a voluntary 50% reduction of Board salaries

Nice to see are large shareholders are in the Jewellery Market & one is the The Jewellery Channel Limited ;-)

Check out Reign Sapphire Corp perfect fit for both https://www.reignsapphires.com/collections/reign-classics http://www.reignsc.com

It was 1.48 to sell around that time today ATB

News on couple of fronts due ATB

Merger very possible imo time will tell Reign's growth strategy also includes growth through potential mergers and acquisitions. Reign is exploring the potential of cross brand and cross market penetration through potential collaborations or alliances that will yield strong growth opportunities through expansion of jewelry offerings, geographic markets and increased Brand presence in Retail and Wholesale account growth. Reign is also in the midst of evaluating additional Advisory Team candidates to further enhance Reign strategic execution.

http://client.irwebkit.com/reignsc/pr

Reign's future is driven by a strategic vision to yield brand and market penetration through a number of strategic and collaborative efforts across Retail, Wholesale and a contemplated Reign Flagship Store which we envision opening in 2018, although we can give no assurances that the store will be able to open on schedule, or at all. In the near term, Reign intends to kick off a comprehensive digital marketing, social media and PR campaign effort in the Fall 2016 that we hope will establish Reign's presence for the upcoming Holiday season and beyond. Reign's growth strategy also includes growth through potential mergers and acquisitions. Reign is exploring the potential of cross brand and cross market penetration through potential collaborations or alliances that will yield strong growth opportunities through expansion of jewelry offerings, geographic markets and increased Brand presence in Retail and Wholesale account growth. Reign is also in the midst of evaluating additional Advisory Team candidates to further enhance Reign strategic execution. We are also very excited to announce the launch on September 1 of the Inaugural Reign Sapphire Jewelry Collections Style Guide which will identify trends in design, styling, and jewelry. The Reign Sapphire Jewelry Collections Style Guide features images of the Reign Sapphire's inaugural jewelry collection photo campaign as well as a comprehensive compilation showcasing Reigns inaugural jewelry collection. The Reign Sapphire Collections Style Guide embodies Reign Sapphire's disruptive brand identity and is founded upon Reign's modern-classical design innovation, infusing "The Reign Style" with strength, power and honor. It also captures the essence of Reign's business model, its deeply rooted ethical values of a brand that creates the circumstances for ultimate consumer trust and the establishment of a new way to shop and enjoy one of the most prestigious and historically prized precious gemstones. At Reign, our overarching mission is to connect the consumer to a new kind of luxury with ease, with meaning and with concern for the environment, through clean, sharp and simple jewelry designs. Reign is an aspirational Luxury Brand with accessible moments, serving a modern consumer with clean, timeless, classic styles for day, night, and red carpet. Reign offers a vertically integrated "Miners-Gate to Retail" model featuring specifically colored gemstones, namely Australian Sapphires and Fine Sapphire Jewelry. Reign's distinction derives from its unique approach to its gemstone sourcing, quality and supply chain controls, coupled with its sophisticated, compelling, targeted Brand Identity. Reign Sapphire's all-natural, conflict free, ethically processed gemstones are mined in Australia from verified sources and jewelry is made in USA. Reign Sapphires are guaranteed natural gems of certified origin, manufactured under guaranteed ethical and sustainable processes, with the o

Great post as ever and Q3/Q4 are now the crucial dates for Richland in this project. Directors have options at 3.5 after first profitable quarter which could well be 2016 Q3. Shareholder loan was introduced why is that are they very bullish on the up and coming months IMO I would read into loan being introduced yes ATB

They could have placed at 1 1.20 IMO etc, but directors and large shareholder gave loan very encouraging IMO all plant mods complete and sales expanding month on month IMO. Q2 update is round the corner and Q3/Q4 will be very interesting indeed. GEMFEST is in full swing in Queensland also.

Been watching also mid March I notice it from, my guess blackrock ATB

Volume up last few days interest returning

Key elements to the optimisation programme are as follows: · Redesign of tailings treatment and water recirculation circuit and its infrastructure · Infrastructure construction and modifications commenced and were completed post period end · Processing plant changes were made to improve efficiencies and reduce double handling of material. Modifications were made to the primary jigs, scrubber system and feedbin to improve processing efficiencies and their ability to treat different gravel compositions. · A new pilot testing plant was constructed and commissioned to allow run of mine testing as part of the ongoing mine planning and mine development process. Production and Sales Sapphire production totalling approximately 415,456 carats was achieved in the first quarter of 2016 as part of the mine ramp-up process. A total 34,603 tonnes of sapphire-bearing alluvial gravels were extracted and processed at an average grade of approximately 12 carats per tonne. Mining and processing were scheduled to occur whenever possible between the construction and improvement work. Despite the significant construction, modification and infrastructure work conducted during the period the total carats produced during Q4 2015 and Q1 2016 of 1.14 million carats remain above the planned production ramp up schedule over the period. US$231,739 total revenue was achieved from the combined sale of approximately 332,333 carats of lower quality sapphire and corundum at an average price of US$0.70 per carat. Ongoing rehabilitation of areas disturbed by the mining operations continues as part of the operations. Additional voluntary rehabilitation work has also been done to historically disturbed areas as part of the Company's commitment to responsible and ethical mining. Post Period End The majority of required construction, modification and infrastructure work has been completed to enable operations to surpass 800,000 carats per quarter production levels. Following the reporting period sales of approximately US$173,512 of material were concluded. The sales comprised of: o 50,065 carats of lower quality sapphire and corundum at an average price of US$3.17 / carat o 924 carats of higher quality sapphire at an average price of US$15.91 / carat as part of a test sale of a combination of green, blue-green, blue and multi-coloured stones

Right in our own back yard more networking ;-) http://gemfest.com.au/

Hi very likely Q2 update anytime in August IMO ATVB

Looking forward to Q2 update should be some more progress and push towards profit in Q3/Q4 2016 :-)

Lol hope your well ATVB

Andrew Cunningham, independent geological consultant, commented: "Following 12 months of focussed geological work, the Capricorn Sapphire mine now has a meaningful additional, independently audited, JORC resource estimate and, perhaps almost as important, a more detailed mine plan in place with a far greater understanding of the geology and mineralisation of the deposit. I am now working on a daily basis with Richland's mining team to assist in expanding production and ensure maximum efficiency in terms of grade control within the plant." Bernard Olivier, Richland's CEO, commented: "I am very satisfied with the geological work completed to date and pleased that it has led to the development of an improved and structured 12 month mine plan to support the ongoing efficiency of the Capricorn Sapphire mine as production continued to ramp-up. Following our optimisation work earlier in the year, I am pleased with our resultant progress at the mine and look forward to updating the market on our further progress in the next quarterly