Member Info for sniffer78

See you Monday lol https://www.youtube.com/watch?v=FzCsDVfPQqk

How many have been caught with their pants right down PMSL atb

Looks like start of rerate

What amazes me is the tiny MCAP with explosive BOD and cheap producing assets, which could send the SP into orbit

:-)

Use Google shortner for link ATB

http://www.pertamina.com/en/company-profile/

Small MCAP will explosive BOD and the potential of a big cheap assets, this has massive upside and could move 200 300% in a blink of a eye on Asset RNS IMO

http://www.investegate.co.uk/richland-resources--rld-/rns/quarterly-operational-and-sales-update/201510190700046123C/

Agreed would be good to get some data to get are teeth stuck into, and for new investors to see the potential this GEM holds ATB

Capricorn sapphire sales of current production has commenced and a Q3 Operational and Sales update will be released in October

Could well have are long awaited first AUS Sapphire operations update next week :-)

Great info as ever ATB

Very exciting times for Richland, quarterly update round the corner and lots of media to follow I'm sure ;-)

Indeed on 10.8% of explored lease area ;-) http://screencast.com/t/Th5qgfoZ http://screencast.com/t/qiBFTeYJ http://screencast.com/t/4Fd28suX The acquisition of a significant proven sapphire resource with existing mine infrastructure and straightforward alluvial mining will enable Richland to bring Nardoo back into production within 9 months. While first production can be achieved through a mine restart, Richland has identified Nardoo as having the capacity for significant scalability in terms of sapphire production. Mining of the current JORC (2004) delineated resource can be increased through low cost exploration at prospective targets within the licences. The deposit has a large blue colour resource and it also produces yellow and green and parti-colour material which would be of interest for the growing fancy colour industry. While the Nardoo resource does contains special large stones, Richland believes that the strength of the resource is in supplying sapphires of verifiable origin in large quantities in the sizes, grades and colours used by the international jewellery market. Geological Setting and JORC Resource This deposit lies within the Queensland Sapphire Gemfields, located near the township of Sapphire in Central Queensland. In total the project tenements (mining leases 70419 & 70447) cover approximately 494 hectares of potential sapphire-rich alluvial placers within this known gemfield (see Figure. 1). http://www.rns-pdf.londonstockexchange.com/rns/7967I_-2014-6-4.pdf The two wholly owned mining leases have a JORC (2004) measured resource of 109 million carats of sapphire. The JORC (2004) resource was based on Calweld drilling (1 metre plus wide diameter rig capable of measure significant volumes of material near to surface), and bulk sampled in 1991 and later by infill drilling in 2004. An alluvial placer area of 115ha was identified that contained an estimated 22 million grams (109 million carats) at an average grade of 8g/LCM on the original Australis mining leases. As part of the JORC (2004) resource an average grade of 8 g/LCM was calculated from drilling and bulk sampling of the mining leases. These tenements originally covered an area of approximately 390ha and comprised mining leases 70004, 70005 and 70006. These mining leases are now encompassed and replaced by mining leases 70419 & 70447

While our royal blue sapphires remain popular, savvy gem buyers are also paying close attention to the other colours coming out of this versatile mine. We’re finding some stunning unusual stones! The Capricorn Sapphire mine is open-pit, and no tunnelling is required. We mine in phases, excavating small areas to expose the sapphires. We then refill each area, replacing the topsoil and vegetation as part of our environmental rehabilitation https://www.youtube.com/watch?v=iremrX0tUgk https://www.youtube.com/watch?t=3&v=NX30JqikGBI

What's not to like about this GEM ;-)) $3.4 million cash as of June 2015 No Debt Voluntary 50% reduction of Board salaries 100 million carat Sapphire JORC A purpose-built alluvial processing plant is one of the largest of its kind in the southern hemisphere capable of treating up to 200 loose cubic metres ("LCM") per hour Producing Sapphires for last 3 months from New Aus Operation Revamped and rebranded online sales division http://www.richlandgemstones.com/

Looking forward to are first quarterly update of are AUS operations ATB

As of 30th June 2015 $3.4 million

3. Post Period Summary On 3 August the Company announced the appointment of Shore Capital Stockbrokers Limited ("Shore Capital") as sole broker and Dr Yuen Low, mining analyst at Shore Capital subsequently visited the Capricorn Sapphire project in September Ramp up continues on target, as sapphire production is continually optimised and increased. Sale of production from the Capricorn Sapphire Project has started; a Q3 2015 Operational and Sales update will be released in October 2015.