Richland Resources Share Discussion Threads

[flasher2] 15/4/2015 10:04

100k at 4.4, tickup coming.

[flasher2] 15/4/2015 09:55

rising nicely.

[flasher2] 15/4/2015 08:57

“The Capricorn sapphire mine is an exciting opportunity. We look forward to supplying gemstone buyers with consistent quantities of certificated blue and 'fancy' stones,” commented CEO Bernard Olivier.

[flasher2] 14/4/2015 13:51

More buys at 4p.

[flasher2] 14/4/2015 08:48

you will soon:-

post by sniffer on LSE: -

RLD Monster Blue Mon 16:24

This is not the pilot Plant so new investors don't get confused, This is a purpose built alluvial Sapphire processing plant.

The purpose-built alluvial processing plant is one of the largest of its kind in the southern hemisphere, capable of treating up to 200 loose cubic metres (LCM) per hour

[russman] 13/4/2015 22:56

Please let me know when "they" sell something significant.

[flasher2] 13/4/2015 15:45

nice 50k at 4p.

[flasher2] 13/4/2015 15:38

20% on hardly any buys.

[flasher2] 13/4/2015 12:08

few more buys and this will go through the roof.

[flasher2] 13/4/2015 11:14

This should keep rising now, good long term hold.

[flasher2] 13/4/2015 08:09

Over 5 million in cash and mining commenced.

Great news.

[tradermel] 13/4/2015 07:40

Nice looking RNS today, I might do a little research on this co

[russman] 07/4/2015 23:06

It is amazing how "big a hole" £1m can buy.

[freddycnx] 03/4/2015 14:22

The potential of this share in mind boggling. 5m in the bank, no debt, no liabilities, and a working mine of 108m carats (JORC) with refurbished modern plant that has a past history of:

hxxp://www.gemcuttingservice.com/594.html

The size and quality of stones produced from Nardoo is also significant for Richland. In addition to high levels of sapphire recovered greater than 4.1 millimetres and greater than 5.5 millimetres in size, a number of "special" gemstones (those over about 10 carats in weight) have also been produced from Nardoo. Sapphires in this size range carry a significant premium to the smaller sapphires. "Special" gemstones produced during the 11 months of previous mining included a 63 carat dark blue sapphire, 41 carat yellow/green/blue fancy-colour sapphire, 33 carat yellow green sapphire, 31 carat blue sapphire, 20 carat green sapphire (see figure 2) The market for fancy colour sapphire is increasing and these gemstones attract significant interest.

All the colours of the spectrum would be lovely. Of all the shares over all the 30 years I have been trying to win, I honestly believe RLD has the potential to make me very rich..... And I am invested in REM ...... So my preference for RLD is significant. Could easily be £1 upwards before the end of the year, paying a div. in the STRONGEST terms. B U Y !

[sniffer78] 28/3/2015 12:12

Sniffer78 Repost

Plant runs 200 loose cubic metres Per hour which equates to 260 tonnes per hour which with are 20 C/Ts per tonne JORC Resource Calcs 260 tonnes per Hour = 5200 C/Ts per hour 12 hour shift 3120 tonnes per 12 hour shift = 62,400 C/Ts per day 5 day working week = 312,000 C/Ts per week Monthly production on a 12 hour 5 day working week = 1.248 million C/Ts

[sniffer78] 28/3/2015 12:11

Relephant LSE Repost

Colins would be best placed to comment on the following based on his knowledge and experience in the industry. Gemval site claims to monitor sale prices achieved for gems over time. The site provides histograms of proportion of sales by value of sale. hxxp://www.gemval.com/occurrence.php?id=44 and hxxp://www.gemval.com/occurrence.php?id=48. Interestingly 25.23% of recorded sapphire sales were over $1k compared to only 11.79% of Tanzanite sales. The result of this is that if you crudely estimate average prices based on data on the graphs (using bin mid values and $1m for bin of $1m+) the average retail price paid for Sapphires sold is about 2x greater at $41,051 compared to $21,510 for Tanzanites. Of course actual average sale prices for bins may well be closer to lower boundary than mid point and these figures would then overestimate actual average prices achieved. As suggested in an earlier post ( I think by bigdaddyian) the graphs suggest a small proportion of large stones may contribute substantially to turnover. For both gems the vast bulk of turnover based on Gemval graph data came from stones selling at $100,000 to $1m (S64.4% and T51.1%) and $10,000 to $100,000 (S27.2% T24.5%). Of course this doesn't factor in the proportion of cts mined of either stone that were not of high enough quality or size to sell. Anyone any idea what proportion of the cts of Sapphires vs Tanzanites mined are of sufficient quality to be saleable? RLD's hoped for production levels/year for Sapphire of initially 8m going to 12.5m will be way in excess of the approximately 3m odd cts a year of Tanzanite they used to mine a year; although if my memory serves me right I think the JORC resource estimates for both the old Tanzanite mine and Nardoo are in same ball park.

[armagan] 27/3/2015 14:30

ta weegeordie, much appreciated.

[armagan] 27/3/2015 08:57

freddy can you copy and paste the coverage, or give us a link to the L board?

[freddycnx] 27/3/2015 06:29

Super coverage of RLD over on the L board. On this years expected revenue the share should be sitting @11p. Drastically undervalued.