Make sure you don't hit it
If this news we are expecting goes to the end of the month as it has been mentioned in RNS's ( end of July )then thursday is the last day for all in AUS to buy before what must surely be good news !
Previous costs where £436 per ounce which was before the Significant Resource Upgrade of 21 /01/2015 :
The M&I Resource has had a 9% upgrade increase to 14.3G/t Au since then
The Resource M&I Resource has increased by 201% since then
The Total MRE tonnes have increased by 34% since then
24/6 Processing has been granted by the National Park since then, far more efficient than the previous 16/6
A new mine development Plan will be revealed surely saving costs from before
A premium will be paid for Scottish gold
Scotgold will receive a 40% share of the company marketing the Scottish Gold , 100% mark up expected
Cononish is open at depth and on the west strike
Cononish will be a high grade low cost mine
Cononish will be amongst the worlds top ten grade producing mines
Cononish will be amongst the lowest cost producing mines in the world
Cononish is just the beginning
All of the above is based on research which is second to none , don't believe me check it out for yourself !
http://www.investegate.co.uk/Index.aspx?searchtype=3&words=SGZ
https://www.flickr.com/photos/93177156@N07/
I have been in the mine more times than I care to remember although I do have many a fond memory
I have flown over our licence areas
I have stood on our drill rigs in operation
I have been to the top of Ben Lui and surveyed Cononish from above
I have panned the local streams
I have attended planning meetings
I have attended Presentations and will be attending the next Presentation
I have built a position in SGZ that is behind only Richard Harris and NLR
Now I am finished blowing my own ---- you can make your own mind up
As a famous Scotsman once said on film "Here Endeth The Lesson"
If anyone wishes to follow my posts in the future , visit LSE.CO.UK
Good luck and best wishes for the future
NUR DER VFB
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