''As the saying goes, if an opportunity doesn't knock, build a door.'' With Oakmount on your side, you can rest assured that both opportunity and stronger investment yields are all in your grasp. 

 

For annual returns of 7-12%, join us & you'll find there's no better time to break on through to the other side. 

 

Oakmount. Adding profit to our customers' lives. 

 

We are very proud to announce that Oakmount and Partners Ltd was nominated as the Winner for the 'Best Corporate Investment Consultancy 2020' by the SME UK Enterprise Awards 2020. 

 

The 2020 UK Enterprise Awards are based on merit, not the number of votes received.  

 

The SME process works to ensure that we reward parties based on their excellence in the industry, the quality of their products and their dedication to customer service. 

 

To move successfully from nominee to winner, there must be evidence of extensive expertise and skills, dedication to customer service and client satisfaction with an on-going commitment to excellence and innovation demonstrated by the nominated business. 

 

 

By the end of June, the LBMA Gold Price PM was trading close to US$1,770/oz, a level not seen since 2012, and gold prices were reaching record or near-record highs in all other major currencies.  

 

For investors, this is not only keeping uncertainty levels high, but may also have a long-lasting impact on their portfolio performance. Against this backdrop, we believe that gold can be a valuable asset: it can help investors diversify risks and may positively contribute to improving risk-adjusted returns. Source: World Gold Council. 

 

 

When great people and organisations come together, it's like a magnetic force pulling them closer, saying to them, together we can achieve great things. 

 

''Over the last decade, we have proven that a passion for success and focus can deliver exceptional results.'' 

 

As such, we aim to deliver compelling investment opportunities and stronger return yields to boost our clients' portfolios. 

 

 

The Beaconsfield Gold Mine has historic recorded production of c.1.8 million ounces of gold averaging c.15 grams per tonne (c.½ ounce per tonne). The Company plans to re-open the mine as soon as practicably possible. 

 

On May 7, 2020, NQ also announced a new JORC (2012) compliant Mineral Resource Estimate of the lower section of the Beaconsfield Gold Mine of 1.454 million tonnes grading 10.3 grams per tonne (g/t) for 483,000 ounces of gold.  

 

Significant additional gold potential is still to be assessed in the upper section of the old Beaconsfield Mine workings, plus the orebody remains open at depth. 

 

David Lenigas, NQ's Chairman, said: "I'm pleased to announce that the Beaconsfield Mining Lease have now been formally transferred by the Tasmanian Government to NQ Minerals.  

 

Work has already commenced on site with respect to the gold treatment plant refurbishment and the deployment of geologists to site to commence a detailed sampling programme of surface stocks potentially available for start-up plant feed." 

 

The information in this report that relates to the Beaconsfield Gold Mine is based on information compiled by Roger Jackson, an Executive Director of the Company, who is a 25+ year member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and a Member of Australian Institute of Company Directors. 

 

David Lenigas speaks to Proactive London's Andrew Scott following the news they've reached an agreement with ING Bank which will provide US$41mln which took over 14 months of intensive due diligence. 

 

This alone speaks volumes of the management and projects at large. 

Additionally the new facility includes an accordion option which would see the principal increase to US$55mln. 

 

NQ told investors recently that it generated A$30mln from mining operations, with operating gross profit coming in at A$12mln. 

 

Oakmount. Where opportunity and success thrive. 

 

Gold-backed ETFs closed H1 with a record US$40bn of net inflows. In June 2020 gold ETFs added 104t, taking global holdings to all-time highs of 3,621t.  

 

''Gold is long considered a beneficial asset during periods of uncertainty.'' 

 

Historically, it generated long-term positive returns in both good times and bad. Looking back almost half a century, the price of gold has increased by an average of nearly 12% per year since 1971. 

 

Over this period, gold's long-term return was comparable to stocks and higher than bonds. Source: World Gold Council. 

 

 

A deal was struck in February for NQ to acquire “historically one of the richest gold mines” for an initial fee of A$2mln. 

 

It has now been approved by the Australian Government's Foreign Investment Review Board (FIRB). 

 

With government approval in place the company can now advance to complete the deal and, in time, start work to reboot the project. 

 

"Gaining FIRB approval yesterday, is a significant milestone for the company's plans of re-opening the Beaconsfield gold mine," David Lenigas, NQ chairman said in a statement. 

 

READ: NQ’s new resource estimate confirms potential of Beaconsfield 

The company also noted a new JORC compliant resource estimate for the lower section of the mine, comprising 1.454mln tonnes grading 10.3 grams per tonne for 483,000 ounces of gold plus 67,000 ounces of gold potential in Tailings Dam 1. 

 

Additionally, it pointed out that gold potential remains in the upper section of the old mine workings and that the ore body is open at depth. 

 

Stockbroker VSA Capital, in a note to client, said that a restart in production will build on the significant gold and silver credits which the company already receive through production at the Hellyer tailings retreatment operation. 

 

 

 

The enhancements, done six months ahead of expectation, have resulted in hourly production of 150 tonnes, which equates to an annualised rate of 1.3mln tonnes. 

 

''This is the most significant event yet for the company because it immediately increases our revenue and bottom-line profit ... literally within two weeks''. 

 

 

The mine has historic recorded production of about 1.8mln ounces of gold averaging around 15 grams per tonne and was closed in 2012 due to the low gold price at that time. 

 

NQ is looking to recommission the gold processing plant, which is currently under care and maintenance, and re-open the mine by developing a new modern mine decline access into the Beaconsfield Mine. 

 

 

In 2015, the company listed in London based on a portfolio of historically proven gold & silver exploration assets in Northern Queensland. In 2017, NQ acquired the Hellyer Gold Mine in Tasmania and subsequent to proving a Reserve of over 8 million tonnes, commenced reprocessing of high-grade tailings. 

 

In 2018, NQ commenced production of lead, zinc & precious metal concentrates. Hellyer has now achieved commercial production, exceeding originally anticipated metallurgical performance. 

 

 

“Right now fortunes are being made and unfortunately lost.” The question is, where do you sit and how are you hedged? If creating wealth is your priority, then Oakmount could be the answer that you've been searching for all along. 

 

With access to premium quality, asset-backed & secured investment opportunities, make us your priority. Today!