Luck is the time when preperation and opportunity meetNext month...

Luck is the time when preperation and opportunity meet

Next month we will see the updated scoping study.
Next month we will see results from the River Vein RV03 & 04.
Next month will see drilling at Cononish near completion
The following month will see SGZ go back to the River vein & Sron Garbh for more drilling & Grampian Gold Project fieldwork results & other area's .
The following months we will see;
Update on airborne survey or alternative ,
Grant of mining lease,
Results from Cononish drilling,
Results from British Geological Survey aeromagnetic and gravity data reprocessing,
Update on finance.
Results from River vein & Sron Garbh.

The figures below is just my stab at costs with 10% off to cover what I may have missed , Until an updated scoping study gives us all a better idea.

Cononish at full production
Production Au oz 21,000
Production Ag oz 84,000
25% Produced on site as pure Scottish Gold & Silver
Gold 5,250 oz = $ 8,882,160.00 USD
Silver 21,000 oz = $ 690,270.00
Gold in concentrate 15,750 oz shipped to Belgium $ 26,646,480.00
Silver in concentrate 63,000 oz shipped to Belgium $ 2,070,810.00
PoG $/oz 1,691.84 @ 20:42 26/03/2012 GMT
PoS $/oz 32.87 @ 20:42 26,03/2012 GMT
Total revenue pa $ 38,289,720.00
Extraction Costs $ 450 /oz $ 9,450,000
Exploration costs $ 3,000,000
Additional costs $ 1,470,000
EBT $ 24,369,720.00
Tax $ 5,361,338.40 Tax rate 22% ( 2014 )
NPAT $ 19,008,381.60
10% less = $ 17,107,543.44 = £ 10,711,410.45 , 1 GBP = 1.59700 USD
Shares in issue:
GBP AUD 1GBP = 1.53137 AUD
300 million = Eps 3.57p or 5.46c
275 million = Eps 3.89p or 5.95c
250 million = Eps 4.28p or 6.55c
225 million = Eps 4.76p or 7.29c
200 million = Eps 5.35p or 8.19c