Member Info for sniffer78

Well done another step up coming for RLD Over the coming months all very exciting ATB

Could be a big rerate coming over the next few months, great entry price for anyone looking in ATB

Back to the 20's good solid update ATB

I agree if they pull that off over next 3 months WOW

http://www.proactiveinvestors.co.uk/companies/news/111225/update-richland-resources-boss-olivier-proud-of-first-half-achievements-in-australia-111225.html

;-))

Commenting on the results, Chief Executive Officer, Bernard Olivier said: "The period saw Richland undertake an intense period of mine redevelopment at the new Capricorn Sapphire project in Queensland Australia. Pre-production and ramp-up began within months of our team getting on the ground at site with first sapphires now recovered. I am extremely proud of my team for what we achieved during the first half of 2015 on an extremely tight budget as evident from today's interim financial results. Our small team of dedicated employees achieved both first production and the revamp of the online division, all within a total project Capex and Opex expenditure of less than US$1.5 million for the period. As ramp-up continues our marketing and sales teams have also commenced our sales process and the establishment of our sapphire brand as a reliable source of gemstones with full provenance in terms of both quality and source. "

Also ramp up will continue as more customers come forward for these beautiful gemstones ATB

Not at all this is a great turn around recovery stock with massive potential if you take the time to look back over the last 12 months you will see yourself. We now await first Sapphire sight sales due anytime in October, this will also give us a good idea of 100 million JORC Sapphire deposit value. With only 10.8% explored with further Sapphire rich pay gravel already identified ATB

Bernard and team have managed the $$$. Very well ;-) roll on first Sapphire sales ATB

Financial Summary · US$0.28 million in revenue from continuing operations (US$0.31 million in 1H 2014) o Revenues in current period (and comparative) generated from online channel · 28% Gross Margin Achieved (41% in 1H 2014) · As at 30 June 2015 o US$3.4 million cash and cash equivalents o No debt o Total assets of US$7.5 million o Total current assets of US$4.1 million o Total non-current assets of US$3.4 million

http://www.investegate.co.uk/richland-resources--rld-/rns/half-yearly-report/201509290700374572A/

https://www.youtube.com/watch?v=dh3Tz71weGo

https://www.youtube.com/watch?v=1izigBc0NhI https://www.youtube.com/watch?v=_xU0GVG9wig

We are indeed just what they need ;-) We have links from past Tanz mining operations ;-) http://www.s****horpetelegraph.co.uk/Gems-TV-ITV-tonight-Steve-Bennett-family/story-22864217-detail/story.html http://screencast.com/t/eEMzdmD0T4e http://www.professionaljeweller.com/interview-steve-bennett-tggc/ https://www.youtube.com/watch?v=auashBjYJzw

Let's not forget how hard they have worked over the last 12 months and also taken a 50% reduction in wages ATB Half yearly 2014 June ended Operations Summary · Richland initiated a strategic and operational review during period. o Capital deployment in further TML operations restricted pending full resolution of security situation for workers by Tanzania Government o Focus on redevelopment of the acquired, Capricorn Sapphire asset, Queensland Australia o Significant cost cutting programme initiated across all areas of the group including a voluntary 50% reduction of Board salaries

Will be good to see the last of Tanz operations and the beginning of AUS Sapphire Mine to Market.

http://www.jewellermagazine.com/Article.aspx?id=5133 According to a company statement, a “staggered ramp up” to full-scale production will occur over the coming months, with Richland to offer rough sapphire parcels to select parties throughout the year. The company plans to sell its first sapphire parcels through a sightholder process in Hong Kong at the end of this month. Richland Resources is listed on the London Stock Exchange AIM market, and until March 2015, operated a tanzanite mine in Tanzania.

Wont be long till we are attracting deals like this again, also deals for Rough Sapphires. http://www.proactiveinvestors.com/companies/news/48043/update-richland-resources-soars-30-as-it-ties-up-with-chinese-jeweller-48043.html

http://www.gia.edu/gia-news-research/hong-kong-show-buyer-seller-showdown-prices Demand for emeralds remains robust. Gemfields achieved strong prices at its September auction of rough from its Kagem Mine in Zambia. The Singapore sale of 600,000 carats realized $34.7 million, for an average price of $58.42 per carat – the third highest total in the six years since the company has been auctioning Kagem material. This auction included finer quality material of various grades. The company also sells lower quality material, which is classifies as beryl, in separate sales