Member Info for AG1989

Nyakafuru has the potential to produce 50,000-75,000 Oz Per annum. They're driving Kilimepesa towards a similar target within 18-24 months

100,000+ Oz Per annum within 3-5 years, and that's before any further Acquisitions which seems extremely likely. You can do the math's and come to realise this will be more than an £18m MCAP so the only relevance on todays price is that it provides a unique opportunity to get in and load up down here

Once the new mining application is completed, it'll take Caracals group resources to over 2Moz. Sensational

There will always be investors waiting in the wings to pull the trigger waiting for this RNS. Forgot whatever the share price does today or this week, long term, this is a thing of beauty.

If Caracal ever wanted to make this transition, it would have been financed in a number of ways
- Equity raise
- Debt
- Share consideration
-Instalment payments

The list goes on. The company aren’t sitting around. They’re not waiting 3-5 years drilling up and proving Resources to potentially lead them to a feasibility study stage, they’re doing it now. READY MADE ASSETS, savings years. A very astute move. Watch and see.

I’ve never seen anything like this. Really taken back here.

What a way to increase Resources. It really is happening. Outstanding and paves the way for huge growth for the company. Let them worry about the financials, absolutely over the moon with this.

7 out of the last 9****

6 out of the last 8 threads here created by John1977. Absolutely 0 chance of getting decent conversation flowing here whilst moderators continue to let it happen or posters are giving him the time of day.

There is so much potential in this company without 1 poster being the topic of conversation. It’s clear what his motives are, let him continue and we’ll let the company speak for itself.

"A few fair RNs's"

To create a presentation solely focused on the Tanzanian Gold Acquisitions speaks volumes for me personally and i agree with you mickey. With Acquisition Resources and continued exploraiton, the company can aim to have Resources of 3-4Moz and are really getting the Caracal name out there in East Africa

Just watched it again, brilliant

There may be dilution, but on very advantageous terms, so I'l see what that turns out at. I may have that wrong, but although there wont be a fundraising, there still may be shares issued to the companies controlling these assets, diluting the stock still, but on better terms. I may have that wrong and if i have, would happily be corrected. Gaining 1Moz+ In at a cost of $3-$7 per Oz, the financing has to come from somewhere. But the story will be the Growth in Company Resources and its stance on East Africa.

Very, very excited

Expecting an RNS?

Drilling likely to have commenced by now, looking forward to some updates

Unclemal - I agree. I have absolutely no doubts or reservations to the significance of the Havieron discovery, it’s size and potential moving forward. But as a district, it’s refreshing to see these discoveries and deposits, and I believe there are plenty yet to unearth, including on GGPs landholding.

https://www.asx.com.au/asxpdf/20211206/pdf/453tj2qytsxzz1.pdf

For anybody following the Antipa story closely in the Paterson. Some fantastic results and really shaping up well. Not Havieron grades, but more evidence I believe that there is something substantial in the Minyari Dome. I know there are a few holders of ARV & AZY on here so this is for their eyes and anybody who wishes to take a read :)

Big week coming up for the company.

Not about the short term share price. It’s about a junior exploration company, exploring its options, acquiring ready made assets for production and Boosting its resources to over 2Moz. A figure some companies, 20X our Market Cap don’t have , and even more so , we have operations to turn these assets into Gold. Congratulations to the board and keep up the good work.

I do think what the company are Doing right now, and the package they’re putting together is special. When announced, it’s very important to bear in mind what it means moving forward. Some will instantly look at the funding package, but to get to the level of a mid tier company, they’d have had to fundraise in the years down the line. Or slowly take profits from Kilimapesa over a 3-5 year period

I love Gold exploration. GGP & CORA have been a pleasure and a true datum point I look at when investing in a junior exploration company.
- the land grab
- the drilling
- the resources
- the feasibility study
- development opportunities.

And the growth that comes with it all. Ultimately the end of for the majority of these companies 3-5 + years down the line is to become a Gold producer. What Caracal are doing, they’re chalking many many years off the process and are targeting these ready made acquisitions, with existing JORC compliant deposits and infrastructure. Years ahead of the curve and once it finally sets in to the market, and GCAT are soon to be sat on 3-4 assets and operating plants, the rerate should be enormous. Playing a blinder here, and it’s really going under the radar. Be happy with your sub 2p average and look forward to the future.

Jason mentions share consideration, so whether a chunk of shares are issued to the companies holding these assets, who knows. Target 1 has a Resource of 1Mozs. If your working at a discovery cost per Oz of $3-$7, does this give an indication of the acquisition costs

Either way, we’ll find out soon and he seems to believe they’re on extremely advantageous terms. Something we need to keep in mind for the long term success of this company.

Even with Kilimapesa running at a profit, it would take years, to go and drill out 2Moz of resource, with fundraising along the way probably looking likely. The company aim to hit these levels without sticking a drill into the ground in Tanzania saving countless costs, and many years driving these projects up to a feasibility level.

If the company pull this off and within 12 months are sat on a regional Resource base of over 2Moz, that seriously takes Caracal to the next level. 2 or more producing Gold pouring operations, and when you consider a current market cap of £18m, to me there is plenty of upside.

Thanks Charlie. Yeah a large part of it was from one summary slide on the presentation but a great read.

You get the feeling with the board they’ll never be content. And that’s a blessing. A real bonus. They always want more. The see these opportunities and want to make them a reality and when you have a board so driven, it hugely benefits shareholders.

Ive watched it 3 times now. And these aren’t just pipe dreams, it sounds like they could be announced any time now

-Acquisition costs of $3.50 to less than $7.50/ per resource ounce is well below average valuation of US$50/oz for exploration projects

-Increase to existing group wide JORC resources in rapid steps through acquisition to 1mozs, to 1.5mozs to over 2moz within 3-6 months

-investment in reoptimising existing operations, updating development studies and commencing new conventional open pit and underground mines producing 50,000 ozs per annum

Gold Target 1:
- development studies
-Targeting 50,000 oz per annum
-1mozs Resource

Gold Target 2:
-Advanced exploration
-Along strike from Gold target 1
-Existing Resources

Agreement to acquire 100% of companies in control of these assets.

Merry XMAS to all shareholders. Jason believes East Africa will soon be receiving the same attention at those jurisdictions over in West Africa. Hope you loaded up or if your on the fence, just watch that presentation, I’m sure it will sway you :)

$3-$7.50 oz discovery is game changing too. Normally around the $50 mark as Jason stated.

100% NetBox. The key for me is targeting acquisitions with infrastructure already in place. No use acquiring these assets and having them sit there, extract the value from them.

The confidence in Jason’s presentation is very impressive and exciting for new and existing shareholders. Like previously mentioned by others, he basically guaranteed news within the coming week/weeks. Any kind of additional weakness in the share price, il jump all over.

Long term, they’re looking at getting 50,000 ozpa from Kilimapesa. Acquisition target 1 has the same value, Robbie wasn’t lying when he said the acquisition(s) are equal company making assets.

Last night was amazing until I lost my card and had to get the train home. Felt better for it this morning :D