Sustainable Green Team Ltd. (SGTM)

[eyeamgame]

Excuse me but we were producing 2 kilos of gold or 35.2 ounces of gold per month with local labour and had been told that that Operation was supposed to ramp up 3 to 400% with the onset of a dredge and 10 times that with a processor at Pamapana.

Even 35.2 ounces being two kilos a month which was Recurring before the abandonment times a six month dry season is 211 ounces.

The rate of extraction for Pampana would have exceeded the entire 2010 Dry Season extractions if it had not been abandoned with no warning or explanation.

That is more than the entire yield of 197 0unces declared for all Operations for the 2010 dry season up to the June 30th declaration by the company.

The company had already declared 28 ounces of the 197 total as extracted by Mar 13th 2010.

It is just pure spam and deceit to declare the 197 ounces declared by the end of June to have come from the only dredge working in June.

Its just WRONG.


Was the company dormant for the second half of Mar, all of April and May.

Unless they just closed the doors and pulled the plug obviously part of the 197 ounces declared till the end of June had to come from those months as well.

WE haven't had just one dredge.

According to the company

Both wash plants have been upgraded and will be in operation wk10 April ( yes that was 2010 )

Are you inferring the wash plants are useless and produced nothing or are you inferring they were not serious about the wash plants in the Mar 13th declaration?

Maybe you just don't classify wash plants as equipment even though the company has.

Even the original wash plants without Upgrades were supposed to increase production at Pampana 10 fold to 20 kilos per month.

Considering all the time effort and delays it actually took to get the wash plants in the first place it is kind of silly to declare what we have accomplished recently has only been with one dredge.

Is the 2010 Dry Season not recent enough?

It certainly is to me.



They were not simply targeting overburden in the 2010 dry season.

The 197 ounces declared in June was derived from all Operations in the peak of 2010's production. The rainy season had not even started by then.

197 total ounces produced in 2010 ( till the end of June ) divided by 6 months is only 32.83 ounces per month which is less than the 35.2 ounces produced in Pampana before they even announced an increase of production there.

Like I said before they are only just being able to duplicate or even come close to yields at the Pampana Project before abandoning it with no warning or explanation.

Twist it if you must.

The extraction report for the 2010 Rainy season is an entirely different matter and hasn't even declared enough extractions to even enter the picture.

They haven't even shown if they are expecting more this rainy season or simply concentrating on overburden removal.

Before getting to excited about it perhaps you should wait and see if more gold is extracted in the short term.

eye