Member Info for Suggins

Recent interviews I think have mentioned a due diligence visit on 11 or 12 April but tomorrow seems an additional previously undisclosed appointment. Would be nice if it was another investor although weather looks a little unsettled tomorrow afternoon.

It could be the generator delivery man.

I’m not entirely convinced that recent share price movements are entirely reflective of a natural marketplace.

I was having a nice day until that RNS. Can’t see anything new on first glance but it doesn’t make it any better reading.

Itsyou - what happened over at Scotgold ? Their gold seems to have gone missing and I assume they had a detailed plan in place based on exploration drilling.

If you believe the RNS it is 330 oz production in the last 10 days.

And it is the oddest thing but I’ve always found that the less you need money the more people seem to want to lend to you.

According to the recent interview the prospectus is in a final draft version and soon to be submitted to the FCA.

Must be tricky finalising the document when you keep finding more high grade material. From three months to 6 months worth in just a few weeks.

RNS confirms the ongoing work. All very impressive.

The interview did seem to confirm Paul Reeves had left but no notification of a replacement. Must have sufficient resource already.

Good spot Itsyou - they must have slipped in an old picture on one of the posts. The hole in Robbie's head helps confirm the shot of him is recent though.

The background whiteboard seems to show grades up (as per the recent Rns) but production down (bad weather possibly).

Where’s the famous wall calendar though ?

There is a new video interview with the boss out on YouTube (explains the rabid early trading). Definitely full steam ahead on the communications at present.

Hard to give more than 4/10 for that production (seems that five minutes glancing over a website and recent Rns’ now constitutes professional research)

Risk importance is only one half of the picture though, probability is the other. My current view is that whilst prospectus risk severity is very high/critical the probability is low. This reduces the overall risk associated with this issue.

Thanks SW10000; I know it is required but on the basis it is essentially a formality I don’t see all the excitement; it will come when it comes. Fixating on such a point just seems odd and, as you say, many other more interesting and important things going on at the moment.

I’m not entirely clear what the risk is associated with the prospectus. I’m sure it’s just ignorance on my part but the list of requirements seems straightforward and the company only recently released audited accounts which will just need updating. As far as we know there is no proposed public offering intended which should help reduce scrutiny levels.

It will ‘reveal’ the new share count but contributory factors were in the last accounts and recent orca loan Rns.

The current share price is a (golden) opportunity.

Past issues will have scared off a great number of more serious investors which leaves a higher proportion of traders and those more likely to blow in and out with the wind.

Solid production figures should start to win over some of the sceptics.

Don’t often see clouds like that in the Twitter shots very often but I think it might be the time of year for rain. I wonder how rain would affect heap leach returns ?