Just Words ?

Below are some extracts from the media and from RNS,s
When you put them all together a clear picture begins to form :
The Herald on 21/01/2014
http://www.heraldscotland.com/busin...firm-boss-and-wife-back-mine-project.23222580

Scotgold has indicated it is now likely to seek £10 million in capital to start production at the mine near Tyndrum. This is down from the £25m originally proposed.

Nat le Roux , 25/02/2014 RNS 43.7% holding in Scotgold
http://www.investegate.co.uk/scotgo...of-agreement-and-placing/201402251113338694A/

Nat le Roux said "I fully support Scotgold management's plan to bring the Cononish mine into production within the next eighteen months. As a Scot I am pleased to be involved in this material step to the development of a significant Scottish gold mining industry."

Richard Gray 22/12/2014 RNS
http://www.investegate.co.uk/scotgo...tion-of-rmb-loan-in-full/201412230700095293A/

Scotgold is pleased to announce that it has fully redeemed its LOAN from RMB for an approximate cost of GBP1.2M.
"This is an important step for Scotgold in preparation for the financing and development of the Cononish Project. In parallel to the technical review, which is currently being advanced, we are now in a position to consider all options for securing the necessary finance. The next milestone will be the announcement of a new Mineral Resource Estimate, which is expected by the end of January 2015".

Richard Gray 21/01/2015 RNS
http://www.investegate.co.uk/scotgo...ineral-resource-estimate/201501211052467422C/

Scotgold's Chief Executive Officer commented: "This MRE released today is truly a cornerstone for the Cononish Project and Scotgold Resources. In addition to the significant increase in resource ounces, this work done on the 3D modelling in particular will underpin a more robust optimisation of our mining plan. This will be of great value to the Board as we look to further optimise the project and make plans for the FUNDING and development of Cononish. "

Richard Gray 26/01/2105 RNS
http://www.investegate.co.uk/scotgo...n-of-planning-permission/201501261241091354D/

Today's decision in conjunction with the recently released resource update for the Cononish project means we are now well placed to achieve our objectives."

Gordon Watson head of Loch Lomond National Park , grough 03/02/2015
http://www.grough.co.uk/magazine/20...n-watsons-vision-for-the-lomond-national-park

“We actually have a planning application just now on the gold mine looking at minor adjustments to the operating hours for the mine and certainly Scotgold is active in gearing up for the gold mine getting underway and their projection is that they hope to get the gold mine going later this year, possibly in the summer

M&I OF 248,000 @ 14.3g/t Au & 59.9 g/t Ag
RMB where prepared to lend £10-12million on half of that resource and they where paid back in full !
Tick Tock