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Great RNS, could see a decent rise today.

I clocked this RNS this morning and thought if they named the bank I would have bought.

Damn it.

There is no need to be rude.

I wasn't making any reference to the other ore mined.

I was only referencing the statement below.

10 tonnes from block 1 reached average grades of 63.6 g/t

So in that 10 tonnes there must have been grades over 63.6 g/t.

If they can target more of this bonanza vein they could bring the average of 15.6 g/t up somewhat

10 tonnes from block 1 reached average grades of 63.6 g/t

Average grades of 63.6 g/t therefore there must have been grades higher than this.

According to the last RNS.

The batch had an average grade of 15.6 g/t Au and has been sold to a local gold ore processing plant in the Arequipa region.

Notably, the 10 tonnes from block 1 reached average grades of 63.6 g/t, following assay by the plant's metallurgy laboratory. These represent the highest grades yet seen in the mine.

If they can prove in the next RNS that the vein does indeed have an average of 63.6 g/t then this will rocket.

That's a seriously high world class grade. Could easily do 200-300% in a day.

I'm loading up prior to news.

Feels like 0.002 is the base here.

Wont take much for this to rocket.

Loads of good news due this year as they ramp up production.

If they can prove an increase in production then we will see huge rises here. Especially with those bonanza grades.

I'm not selling a bean until I see a few bags

According to thie website they plan to increase production at Tesoro to 65 tonnes per day.

At an average of 15.6g/t at current prices (£69.94)

Assuming they run 365 days a year that's £25mil.

At those figures 20 bags isn't out of the question irrelevant of number of shares.

Now we all know these operations always come shy of the projected figures but anything close to that and there will be several bags from these prices.

Those who are saying 1p are being ridiculous.

But if they can ramp up production this year to £11mil per annum.

Then we could see 10x these levels.

And that's just from 1 mine

I posted this earlier.

And if they stick to the gold rich vein it could be even better

28 tpd @ 15.6g/t at current prices (£69.94) that's nearly £11mil per annum

Agreed Silver, the thing I like about this one is they are a producer not just exploration.

Agreed, I've seen previous exploration companies post results less than 63.6g/t and saw the SP go nuts.

The benefit here is they are producing.

Think I may have stumbled onto a winner here

Is this the 63.6 g/t you're referring too?

That's an impressive amount of gold, world class values

Looks about to pop if you ask me

Some serious buying going on today.

Shares like this have a habit of bagging quite easy.

After a bit of research seems a decent buy with them ramping up production and the amazing gold grades.

63.6 g/t is huge

Maidit, what news are they waiting for?

Picked up a few here as a punt after a bit of research. Pretty hard to buy any volumes which is encouraging.

Going to do a bit more research this afternoon.

But could be a decent trade.

Saw this being ramped on another board.

Looks interesting.

Am I right in saying they are ramping up production this year?

28 tpd @ 15.6g/t at current prices (£69.94) that's nearly £11mil per annum

Decent figures for £1mil MC company

Nothing really to discuss until news.

It will come eventually. I've loaded up my ISA at 1p and now happy to wait