Scotgold Resources Share Discussion Threads

[glenalmond] 16/4/2017 00:51

Chris doing a minetour for the BBC World Service.

Listening to it right now.

[bageo] 08/4/2017 07:20

It's important to note some of the assumption changes:

An increase in the gold price from 1,100 USD/oz to 1,150 USD/oz.
A decrease in the exchange rate from 1.6 USD/GBP to 1.25USD/GBP

Both seem reasonable currently, who knows on the pound in the long run. Although only a small contribution the change in silver price from $15 to $16 is sensibly conservative.

Clearly Scotgold, Galantas and Dalradian all offer exposure to mostly costs in £ but revenue in $ so have potential benefits for UK residents.

[glenalmond] 07/4/2017 11:31

Cononish Gold & Silver project BFS Update - Executive Summary

[glenalmond] 04/4/2017 10:40

£0.0042. I mean.

0.42p.

[glenalmond] 04/4/2017 10:38

Not often I catch the trough @ 0.0042p.

C'mon Scotgold, let's be having you!

[0405] 20/3/2017 07:16

Same old same old there won't be any substantial production till 2019 that's if we get the financing let's get real and more permissions how many more

[0405] 17/3/2017 10:54

Getting closer

[0405] 15/3/2017 11:52

It's going to be a slow hard slog another year before it's started I'm still waiting for my .3 entry point if this news can't get it motoring nothing will, back to sleep yawn so boring

[steelwatch] 15/3/2017 08:23

“It is extremely gratifying that we have managed to use the experience of the BPT to re-engineer aspects of Cononish and add significant value,” said chief executive Richard Gray.

“With our improved economic returns and short term funding secured which avoids undue dilution for the existing shareholders, we now look forward to securing an attractive full financing package and subject to permitting, putting our mine into production at the earliest opportunity.”

[vfb1888] 15/3/2017 07:22

Massive saving on Capital, now only £7.4m
Big increase in Cashflow, now £67m
EBITDA increased to £100m
Dry stack tailings will surely please the NP

[mikecfc77] 01/3/2017 20:52

Yes your right steel, obviously don't know what I'm on About! Not much buying activity tho.

[steelwatch] 01/3/2017 14:32

Peanuts mike. Hold more than that myself and that's not much either, LOL

[mikecfc77] 01/3/2017 14:13

Big selling going on

[steelwatch] 22/2/2017 17:16

Nice one Graham.

[steelwatch] 08/2/2017 15:04

Scotgold Resources Ltd

08 February 2017

SCOTGOLD RESOURCES LIMITED

Grant of Planning Permission for Extension to Bulk Processing Trial ("BPT") to 31 March 2018

The Company is pleased to announce that the application made to the Loch Lomond and Trossachs National Park Planning Authority ("LLTNPPA") to extend BPT operations to the end of March 2018, as announced on 13 December 2016, was granted on 7(th) February 2017.

The original BPT planning permission (2016/0064/DET) granted in May 2016 included the installation of a small scale pilot plant to process 2,400t (approximately 1,200m3) of existing stockpiled ore over a nine month period. It is now planned to process around 4,800t (c.2,400m3) of additional material (the balance of the existing stockpile) over a period of approximately twelve months (at processing rate of around 400tpm).

As a result of the opportunities identified during the BPT, the development plan contemplated in the August 2015 Bankable Feasibility Study (BFS) is currently being revised and an updated economic assessment of the Cononish Gold and Silver Project is expected to be completed by the end of the first quarter 2017.

Richard Gray, CEO of Scotgold, commented:

"We continue to learn more about the metallurgy and the economics of the project as we process our stockpile under the BPT. This extension to the trial period not only affords us the opportunity to conclude our revisions to the economic assessment but it also throws off a small cash contribution to our costs from the resultant gold production."

[0405] 07/2/2017 17:43

Planning application approved till 31st March 2018 better get their skates on