Richland Resources Share Discussion Threads

[sniffer78] 25/3/2015 18:45

April Approaches ;-)

[weegeordie] 25/3/2015 12:40

Some low key buying over the last few days.

[skier100] 11/3/2015 15:01

RLD about to open a £100m+ sapphire mine in Australia.

No debt. Around ~£4m free cash.

A solid upward "bowl" now forming in the RLD shareprice chart.

Current price of 2.5p and £5m marcap...

[proactivest] 04/3/2015 14:02

Video interview with CEO Bernard Olivier



Bernard Olivier, the chief executive officer of Richland Resources (LON:RLD), says the company decided it was better ‘to focus on a project that we believe will return us to profitability very shortly’.
Richland today revealed it has completed its exit from Tanzania with the receipt of US$5.1mln from new owner Sky Associates after security issues at its tanzanite mine.
The company is now focused on its Capricorn sapphire project in Queensland where first sales through its existing sight system are anticipated this half year.

[nick rubens] 04/3/2015 13:37

Who are Sky Associates and will they pay up the full amount?

[armagan] 04/3/2015 09:09

goodbye tanzania and good riddance. Why 3rd world governments are so inept about securing their own interests is beyond me.

[giant steps] 04/3/2015 08:08

Must be a huge relief to have concluded the deal, well done

Well funded for geo-safe AUZ project


04 MAR 2015

[oilbuy] 04/3/2015 07:55

Richland Resources Ltd("Richland" or "the Company") (AIM: RLD) US$5.1m Sale of Tanzania Operations Concluded Richland Resources Ltd, the AIM listed gemstone producer and developer, today announces that its sale agreement dated 25th November 2014 ("Sale Agreement") with Sky Associates Group Limited ("Sky"), closed on 2nd March 2015. Sky Associates has now acquired from Richland all the Group's tanzanite mining, beneficiation and tsavorite license interests in Tanzania. Highlights· US$5.1m Purchase Price· US$510,000 previously received by Richland· US$4,080,000 paid to Richland on closing - which includes release of US$510,000 previously paid into escrow by Sky.· Further Deferred Consideration of US$510,000, subject to any adjustments and deductions in accordance with the Sales Agreement will be payable to Richland on 8th June 2015.· The Sale Agreement was for all of Tanzania mining, exploration and cutting operations.· Richland's focus is now on mining commissioning of its Capricorn Sapphire project, in Australia during Q1 2015o First sapphire sales through existing sight system are anticipated in H1 2015o New marketing and brand launch for Capricorn Sapphire scheduled for Q1 2015

[melodrama] 13/2/2015 10:50

Vols up! ;-)

[giant steps] 03/2/2015 15:25

Should have gone to international arbitration
as company looks forced to give up assets for
small monies.

[russman] 10/12/2014 16:50

Miracles do happen. I do not think graphite is that spontaneous
.

[bckttsim] 10/12/2014 11:54

7% up on two trades.Something must be going happen here in the not to distant future !A few more buys and this will take off

[nick rubens] 05/12/2014 09:47

End of Tanzanite One as we know it. The name change to Richland was a foreshadow of things coming it would seem IMO.

[russman] 26/11/2014 19:09

An end of an era.

[buywell2] 25/7/2014 10:58

Top channel hit

How low will it now go ?

[russman] 19/7/2014 10:12

There seems to be some interest in their Graphite licences. AGM on Friday, they may make a statement.

[andrea152] 14/7/2014 15:37

And so it goes on. Curiouser & Curiouser, as Alice once remarked. I guess the potential revenue from flake graphite must b the reason for interest, as its the major component of a Lithium Ion battery & I guess Tesla will b needing quite a bit of that if their Gigafactory ever gets built.

[andrea152] 11/7/2014 13:04

Another Bernard Olivier Directed Stock going through the roof on light volume & no news. The other being LPH, which has been a 10 bagger since Xmas. I wonder what is going on.

[buywell2] 10/7/2014 09:16

So they are moving away from Tanzanite into Sapphires

When a share gets as low as this ... tiny lifts mean biggish %age rises

It would not surprise me to see a 50 for 1 consolidation here soon

But a POS still remains a POS despite the Gems it wears

[scruffee] 13/6/2014 16:48

VIDEO VSA Capital Natural Resources Round Up
Today, 4:47 PM

[russman] 11/6/2014 20:13

Restructure - Review - Retrench - Review. Repetitive.

[loading] 04/6/2014 10:08

Richland Resources acquires sapphire mine in Queensland

10:07 AM

[russman] 12/5/2014 23:07

It is not a dog to me, it is a volatile itch.